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Sounds like we
are going to lose to Sadaam then ?
<FONT color=#0000ff
size=2>right.
<FONT color=#0000ff
size=2>
<BLOCKQUOTE
>
<FONT face=Tahoma
size=2>-----Original Message-----From: Dom Perrino
[mailto:acutimer@xxxxxxxxxxxxx]Sent: Monday, January 27, 2003 8:30
PMTo: realtraders@xxxxxxxxxxxxxxxSubject: Re: [RT]
NDX_60m
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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