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Hi Ben,
Have you noticed your charts flattening out?
With Low volume (though higher today on quad witching and rebalancing) and
2 short trading weeks up coming I suspect we will see more of the same until
after the first of the year. My recollection of Technical Analysis 101 is
this acts like a coiled spring, building up energy for a big move, and the
longer it lasts the bigger the move. The tug-of-war between war jitters
and a potential improving economy may extend this pattern well into next
year.
Good luck and good trading,
Ray Raffurty
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src="http://www.21stcenturyalert.com/tcx/images/morningbriefing/2002-12-19/121902oex60.gif"
width=342>
<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:
<A title=profitok@xxxxxxxxxxxxx
href="mailto:profitok@xxxxxxxxxxxxx">profitok
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx">realtraders@xxxxxxxxxxxxxxx
Cc: <A
title=wheelsinthesky@xxxxxxxxxxxxxxx
href="mailto:wheelsinthesky@xxxxxxxxxxxxxxx">wheelsinthesky@xxxxxxxxxxxxxxx
Sent: Thursday, December 19, 2002 10:52
PM
Subject: Re: [RT] Re: SP12-19
short term tool with a 80% probability says that
when sp is down 10 you buy
this is a counter trend trade and not for
everyone
you MUST be watching this long trade ,,
it is worth about 15-20 sp points
my long term trading says it is much safer to go long when
we close 870-875
then the long will be worth 34-55
points
I have attached my short term outlook
showing the safety in the long from minus 10 sp
tomorrow
nice evening
Ben
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
<A title=delta88343@xxxxxxx
href="mailto:delta88343@xxxxxxx">delta88343@xxxxxxx
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx">realtraders@xxxxxxxxxxxxxxx
Sent: Thursday, December 19, 2002 8:09
PM
Subject: [RT] Re: SP12-19
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