Re: [RT] Re: Tomorrows pivots

["BobR" <bobrabcd@xxxxxxxxxxxxx>]

This one?
<A 
href="http://www.ez-pnf.com";>http://www.ez-pnf.com
Last update had the OEX max pain at 460.  He 
doesn't update everynight.  
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  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  ira 

  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Thursday, January 09, 2003 4:21 
  PM
  Subject: Re: [RT] Re: Tomorrows 
  pivots
  
  What is the URL for the max pain index.  I 
  seem to have lost it from my book.  Thank you, Ira
  <BLOCKQUOTE 
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    ----- Original Message ----- 
    <DIV 
    style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
    <A title=bobrabcd@xxxxxxxxxxxxx 
    href="mailto:bobrabcd@xxxxxxxxxxxxx";>BobR 
    To: <A 
    title=realtraders@xxxxxxxxxxxxxxx 
    href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx 
    
    Sent: Thursday, January 09, 2003 4:13 
    PM
    Subject: Re: [RT] Re: Tomorrows 
    pivots
    
    You are so right.  There is one position 
    left on the experimental Ulcer Index system that needs to exit.  The 
    basic idea was to enter long with 3 contracts at the max pain point and then 
    to exit one at a time on the rebound assuming there would be at least 3 
    upward thrusts from the entry low.  Last time the OEX touched the 
    trendline would have been an ideal exit, but just maybe a higher exit 
    is coming.  This horizontal movement since the July low has been 
    sloppy.  Kinda looks and feels like the trendline will be broken, but 
    not to fret, it might be tested again from the topside.  The tests are 
    getting closer in time.  January would seem to be the month it is 
    broken with a push to 487.90.  Then we get another max pain point 
    sometime later in the first quarter.  No, I don't have any money on 
    this.   
     
    bobr
    <BLOCKQUOTE 
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      ----- Original Message ----- 
      <DIV 
      style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
      EarlA 

      To: <A 
      title=realtraders@xxxxxxxxxxxxxxx 
      href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx 
      
      Sent: Thursday, January 09, 2003 3:11 
      PM
      Subject: Re: [RT] Re: Tomorrows 
      pivots
      Speaking of the OEX, Bob, while reviewing my charts 
      this weekend I notedthat the OEX was the only major index challenging 
      the bear market trendlinefrom the ATH. Today's close (not shown) is 
      once again up against thattrendline. That should be formidable 
      resistance, and if breached, shouldprove very 
      interesting.Earl----- Original Message -----From: 
      "BobR" <bobrabcd@xxxxxxxxxxxxx>To: 
      <realtraders@xxxxxxxxxxxxxxx>Sent: Thursday, January 09, 2003 
      3:36 PMSubject: Re: [RT] Re: Tomorrows pivotsHere is a 
      chart showing the zone probabilities for being reached and 
      beingsupport or resistance on Friday providing the OEX opens within 
      zone 4.  Zone4 was picked because the OEX closed in zone6.  
      It was borderline and thestats are slightly different if the close was 
      in zone5.  Also it was assumedthere were no gaps on the Friday 
      open.  The stats are from the 1994 book"Detecting High Profit Day 
      Trades in the Futures Markets" by JT Jackson.There may be a newer book 
      out now with updated stats and the FibonacciTrader Software may be 
      able to update the probabilities as new data arrives.The book has 
      stats for many commodities besides the snp.  This has become 
      ofinterest to me recently because the book "Building Winning Trading 
      Systems"by Pruitt and Hill has some TradeStation code that determines 
      therelationship of the opening price and closing price to different 
      zonelevels.  This book did not use the floor trader pivot zones, 
      but might bemodified to do that.  The BWTS book code uses 4 zones 
      based on the High,midpoint,and low.bobrTo 
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