Re: [RT] NDX_60m

["Rhonda Guilbeaux" <guilbear@xxxxxxxxxxxxx>]

Hello,
This is Murrey Math Analysis in
combination with Andrew's Pitchforks
(from Clyde Lee) from the last major
high (35 ema stopped it dead in 
it's tracks as it has done for all 
Major
highs in the bear).. from week before
this last week's close. 
 
Short term near the 3/8's line.. 
weekly basis. 
If that doesn;t halt the decline then
we have a conjunction point (for now)
of the 2/8's line and ml.. area.. of
812.50 mm line and ml line. 
Weekly basis, if we can't move 1/8's
to 2/8's above these price points.. 
price goes continues the present trend 
which
is  lower in price. 
Chart from 01/18/03.
Best,
Rhonda Guilbeaux
 
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  Norman 
  Winski 
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="">realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Monday, January 27, 2003 6:58 
  PM
  Subject: Re: [RT] NDX_60m
  
  VK,
   
     My stars say sideways to lower for 
  another week. 
   
  Regards,
   
  Norman
  <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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