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FROM THE TRANSLATORS DESK !!! BY KENT ROLLINS !!!
$SOMEINDEX - IF IT MOVES UP TO (ROUND NUMBER) IT'S POSITIVE !!! (ROUND
NUMBER ABOVE CURRENT LEVELS), (ROUND NUMBER HIGHER ABOVE CURRENT LEVELS),
AND (ROUND NUMBER EVEN HIGHER ABOVE CURRENT LEVELS) SIGNAL A MOVE TO (A
ROUND NUMBER WAY, WAY ABOVE CURRENT LEVELS) !!! IF IT MOVES DOWN BELOW
(ROUND NUMBER BELOW CURRENT LEVELS) IT COULD BE NEGATIVE !!! LOOK FOR
SUPPORT AT (ROUND NUMBER BELOW CURRENT LEVELS), (ROUND NUMBER FURTHER BELOW
CURRENT LEVELS), AND (ROUND NUMBER WAY BELOW CURRENT LEVELS) MUST HOLD !!!
EXPECT THIS TO TIP IT'S HAND OVER THE NEXT (INDETERMINANT TIMEFRAME THAT CAN
BE PUSHED OUT LATER) !!! EXPECT IT TO TIP IT'S HAT OVER THE NEXT (LONGER
INDETERMINANT TIMEFRAME) !!! EXPECT IT TO DO-SI-DO OVER THE NEXT (REALLY
LONG INDETERMINANT TIMEFRAME BY WHICH TIME EVERYONE WILL HAVE FORGOTTEN THIS
POST) !!!
TRANSLATINGLY YOURS !!!
KENT !!!
----- Original Message -----
From: "John Cappello" <jvc689@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Sunday, March 31, 2002 8:15 PM
Subject: [RT] WEEKEND INDEX REPORT
FROM THE ANALYSTS DESK AND CONGRATULATIONSTO BEN FOR SOME GREAT POSTS:
WEEKEND INDEX REPORT
$COMPX -THE SHORT TERM CHART & THE LONG TERM CHART ARE COMPRESSING
INTO EACH OTHER!!! THIS W FORMATION IS COILED AND SHOULD END WITHIN
THE NEXT 1-10 TO 1-20 TRADING DAYS!!! THE SHORT TERM CHART RUNS FROM
$1,820-$1,885 WITH ITS APEX IN 10 TRADING DAYS AT $1,850!!! THE LONG
TERM CHART RUNS FROM $1,750-$1,900 WITH ITS APEX IN 20 TRADING DAYS
AT $1,825!!! A MOVE INTO THE BASE WOULD BE POSITIVE & BELOW THE BASE
WOULD BE NEGATIVE!!! THE TOP OF THE WEDGE WOULD BE NEGATIVE & A MOVE
THRU THE TOP WOULD BE VERY POSITIVE!!! IF THE OVER HEAD IS TAKEN OUT
THIS SHOULD NOT MOVE BELOW $1,825 !!! YOU CAN EXPECT THIS TO SHOW ITS
HAND SHORTLY!!!
$OEX -THIS CROSS TREND SHOULD SHOW ITS HAND OVER THE NEXT 20 TRADING
DAYS!!! A MOVE OVER $590 WOULD BE POSITIVE WITH MOST WATCHING $600!!!
A MOVE UNDER $560 WOULD BE NEGATIVE WITH MOST WATCHING $545!!! THE 1
YR CHART SHOWS THE WEDGE CLEARLY WITH THE DOWN LINE RUNNING FROM $678-
$595!!! THE BASE LINE RUNS FROM $480-$545 ONCE THE DOWN LINE
&BASELINE IS DRAWN IN AND EXTENDED YOU SHOULD HAVE THE APEX LOCKED
IN!!!
$INDU -A HIGHER HIGH AND LOWER CLOSE THEN WED PUTS A NEGATIVE TONE ON
THIS INDEX!!! IF $10,350 IS BROKEN THIS MUST HOLD $10,250 FOR THE UP
LINE TO STAY IN FORCE!!! A MOVE THRU $10,525 SHOULD SET THIS UP FOR A
TEST OF THE OVER HEAD AT $10,700 WITH THE PIVOT POINT AT OVER
$10,800 !!!
$QQQ -UNDER $35.30 NEGATIVE WITH A MUST HOLD AT $33!!! POSITIVE OVER
$36.50 WITH BREAK POINTS AT OVER $37 $38 & $40!!! WE WOULD EXPECT
THIS TO SHOW ITS HAND WITHIN 1-12 TRADING DAYS!!!
Sincerely,
John
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