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Ben, attached is a chart of the NDX and SPX using
the Ehler's Hilbert Trendline on an overlay of the daily and hourly bars.
The hourlies(blue and magenta lines) on both are on the verge of crossing
to the downside, OR kissing and making UP. The dailies(yellow dots
and lines)are still up, may be peaking, still on the left side of the
hump. The hourly Hilbert EWOsc have peaked and diverged from price and are
working below their respective red bands. Their hourly pullback to the
zeroline is reflective of the resistance being seen in the indexes. Thus
your conclusion to take some off and hold for more upside sounds
prudent.
bobr
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
<A title=profitok@xxxxxxxxxxxxx
href="">profitok
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx ; <A
title=wheelsinthesky@xxxxxxxxxxxxxxx
href="">wheelsinthesky@xxxxxxxxxxxxxxx
Sent: Monday, January 13, 2003 9:05
PM
Subject: [RT] top?
WE have reached my objective today
933-945
I have closed 1/2 of my longs
will take any upside as a gift to bail out
and sell the other 1/2
would not consider short ,,Yet
NASDAQ appears to be making the top tomorrow(most
likely will make a higher hi
BenTo
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