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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
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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’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
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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
; <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
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