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Hopefully in time BOTH of us can get as good as Lorin
&Haythem,,
I also is more of a technician then a cycle,
astrology or sq of 9
but I DO add it to my
score,,
meaning,,
if the market is oversold,, it can stay oversold for
weeks,
you look for other clues the market can give for a
turn,
cycles is one
Gann support line is another
fibonachi m/a or 13 21 34
55 89 and 144 provide some more clues
MM is another clue
sentiment
and then,, you add it all up
what is my probability for a successful trade?
<BLOCKQUOTE
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Lee Morris
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx">realtraders@xxxxxxxxxxxxxxx
Sent: Friday, May 03, 2002 8:48 PM
Subject: RE: [RT] ndx bottom
I
can't - yet, but Haythem, Lorin and a few others here can I think, I'm
still more a pure trader that reacts to what the mkt chooses, But I think a
major low will come in the next week likely tues, Wed or maybe
thursday
<FONT face=Tahoma
size=2>-----Original Message-----From: profitok
[mailto:profitok@xxxxxxxxxxxxx]Sent: Friday, May 03, 2002 8:05
PMTo: <A
href="mailto:realtraders@xxxxxxxxxxxxxxx">realtraders@xxxxxxxxxxxxxxxSubject:
Re: [RT] ndx bottomcan one pick the
EXACT low date?but if Tuesday is it ? be happy?Buy
then,nice week endBen----- Original Message -----From:
"metatrader108" <metatrader108@xxxxxxxxx>To:
<realtraders@xxxxxxxxxxxxxxx>Sent: Friday, May 03, 2002 11:15
AMSubject: Re: [RT] ndx bottom> What about nasdaq making
new low on weekly fast?>> --- In realtraders@xxxx, "Lee
Morris" <LMorris@xxxx> wrote:> > I have not tested this but
it is my sense that you seldom make> significant> > lows on
fri and to a lesser extent on mondays. Does anyone have any>
firm> > stats on this. Turn-a-round Tuesday has always had a nice
sound to> it.> > -----Original
Message-----> > From: profitok
[mailto:profitok@xxxx]> > Sent: Friday, May 03, 2002
12:16 AM> > To: realtraders@xxxx>
> Cc: gannsghost@xxxx> > Subject: [RT]
ndx bottom> >> >> > Tomorrow we
SHOULD make a lower low> > and then up>
> my work suggests that even if we make a lower low
Monday,, that> should> > be it,,>
> the graph attached is showing (proprietary) we
are closer to a> bottom,,> > nice trading
tomorrow> > good week end> >
Ben> >>
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