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Re: [RT] NDX_60m



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Forgot to mention that the outcome, even if we have 
short term rally,  will be to the downside Below the lows of last Oct. 

Dom
  
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  Dom 
  Perrino 
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="">realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Monday, January 27, 2003 8:18 
  PM
  Subject: Re: [RT] NDX_60m
  
  Hi,
    My crystal ball agrees with your scenario 
  100%.
  Dom
  <BLOCKQUOTE dir=ltr 
  >
    ----- Original Message ----- 
    <DIV 
    >From: 
    <A title=thegirlisherenow@xxxxxxxxx 
    href="">victoria keeling 
    To: <A 
    title=realtraders@xxxxxxxxxxxxxxx 
    href="">realtraders@xxxxxxxxxxxxxxx 
    
    Sent: Monday, January 27, 2003 5:53 
    PM
    Subject: [RT] NDX_60m
    
    okay, it's a wrap...will support hold? two guys I respect a lot [larry 
    pesavento and bob carver] are both very bullish as of today...while I am not 
    sold yet, I have to concede that this game is always full of surprises. a 
    final thrust up would likely catch the most traders with their pants 
    down...and that being the biggest joke the mkt likes to play, it could very 
    well happen. but first things first...in spite of all the super-duper 
    techniques we have to forecast direction, price always has the final 
    word...and what it's saying right now is not decisive, either 
    way...teetering on the precipice as it is.
    the attached chart shows my bottom-line litmus test and it is a simple 
    one...a swing low printed on the hourly chart today (actually printed in the 
    first hour and then dropped lower still as the day progressed!) must 
    be confirmed...and it ain't happened yet! I want to see the RSI 
    up--straight as an arrow--to convince me that we really have this swing 
    low in place. it simply does not fail if we're gonna get more that a 25-30 
    pt move.....which is fine, but I'm not daytrading right now so I'm 
    personally looking for a more sustainable move.
    a final note: the mkt has been reacting to war drums for the past 2 
    weeks...even if GW says he's going in personally to off sadam, we could get 
    a small relief rally this week, just because the tension will break...that's 
    all I can forsee in the bullish scenario--the possibility of higher prices 
    from which to go short!
    anyway...blah-blah-blah...here's the chart... 
    V
    
    
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