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Re: [RT] short term top



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Ernie,
 
 Are you aware that after the regular hours 
close, during tonights's session, S&Ps have rallied back to the 875 
area?
 
Regards,
 
Norman
 
<BLOCKQUOTE 
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  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Hill, 
  Ernie 
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="mailto:'realtraders@xxxxxxxxxxxxxxx'">'realtraders@xxxxxxxxxxxxxxx' 
  
  Sent: Wednesday, October 16, 2002 11:06 
  PM
  Subject: RE: [RT] short term top
  <FONT 
  face=Arial size=2><FONT face=Arial 
  size=2>
  
  Hi folks,
  I got a little careless and missed the first high probability target range. 
  If this rally is for real, and there is good underlying strength then the 
  832-834 target range will provide support for the low turn.
  E 
  
    <FONT face=Tahoma 
    size=2>-----Original Message-----From: Hill, Ernie 
    [mailto:ernie.hill@xxxxxxxxxx]Sent: Wednesday, October 16, 2002 
    8:25 PMTo: 'realtraders@xxxxxxxxxxxxxxx'Subject: RE: 
    [RT] short term top
    Hi 
    Ben,
    <SPAN 
    class=449221901-17102002> 
    <SPAN 
    class=449221901-17102002>Thanks for the compliment, but it may be a tad 
    premature. We shall see. The post I made to my group tonight best 
    explains my position. Here it is.
    <SPAN 
    class=449221901-17102002> 
    <SPAN 
    class=449221901-17102002>  
    I am not yet completely convinced 
    that the high is in. Yesterday&#8217;s high of 881.27 was uncharacteristically 
    short of the forecast target. I am usually within six points. I know this is 
    splitting hairs, but it causes me some concern. If the high has yet to 
    happen it will almost certainly have to happen tomorrow. A break of 875 cash 
    basis, and we will likely put in a new high for the move tomorrow. If we do 
    see a new high for the move tomorrow it would be a real good place to get 
    short if we move to within six points of the target ranges, which for 
    tomorrow will be 889-890 & 904-905.
     
    If the high has indeed been made I am 
    forecasting a low for 10-23 plus or minus 2 days, and I am leaning toward 
    this low coming in on the early side of that date. My first target range is 
    817-825 the next target range would be 812-806. A break of 855 tomorrow will 
    all but confirm yesterday as the high, and set the stage for further decline 
    to the first target range.
     
    E<SPAN 
    style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"><A 
    href="http://groups.yahoo.com/group/snpforecasts/";>http://groups.yahoo.com/group/snpforecasts/
    
      <FONT face=Tahoma 
      size=2>-----Original Message-----From: profitok 
      [mailto:profitok@xxxxxxxxxxxxx]Sent: Tuesday, October 15, 2002 
      9:50 PMTo: realtraders@xxxxxxxxxxxxxxxSubject: Re: 
      [RT] short term top
      Great call Ernie
       
      were in price and time is your next turn?
      (my vote is for 10/21)
      Ben
      <BLOCKQUOTE 
      style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
        ----- Original Message ----- 
        <DIV 
        style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
        Hill, 
        Ernie 
        To: <A 
        title=realtraders@xxxxxxxxxxxxxxx 
        href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx 
        ; <A title=SPX_Swing_Trading@xxxxxxxxxxxxxxx 
        href="mailto:SPX_Swing_Trading@xxxxxxxxxxxxxxx";>SPX_Swing_Trading@xxxxxxxxxxxxxxx 
        
        Sent: Tuesday, October 15, 2002 
        11:17 AM
        Subject: [RT] short term top
        
        
        <SPAN 
        style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">I am looking for a short 
        term top either today or early tomorrow in the 887-890 
        range.
        <SPAN 
        style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"> 
        <SPAN 
        style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">E
        <SPAN 
        style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><A 
        href="http://groups.yahoo.com/group/snpforecasts/";>http://groups.yahoo.com/group/snpforecasts/
        <SPAN 
        style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"> <FONT 
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