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Re: [RT] NDX_60m



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Markets do not go( based on these events) as we 
would logically expect the markets to go. Its not that markets do not 
react to these events, all I am saying is that I look to the Market to tell me 
where its going( via charts, technicals etc.) not the events. Hope this 
clarifies.
Dom
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  M. 
  Simms 
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="">realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Tuesday, January 28, 2003 9:09 
  AM
  Subject: RE: [RT] NDX_60m
  
  Be careful with 
  that "OR" condition in there....<SPAN 
  class=710330314-28012003>as-stated, you are 
  correct.
  But I am 
  implying an "IF-THEN" correlation:
  IF the market 
  is down to new lows, THEN the US is having trouble with 
  Iraq.
  or in 
  reverse:
  IF the US is 
  having trouble with Iraq, THEN the market will go down to new 
  lows
  <FONT color=#0000ff 
  size=2> 
  I don't agree 
  these events are INDEPENDENT of EACH OTHER....that's the 
  key.
  <FONT color=#0000ff 
  size=2> 
  <BLOCKQUOTE 
  >
    <FONT face=Tahoma 
    size=2>-----Original Message-----From: Dom Perrino 
    [mailto:acutimer@xxxxxxxxxxxxx]Sent: Monday, January 27, 2003 
    10:31 PMTo: realtraders@xxxxxxxxxxxxxxxSubject: Re: 
    [RT] NDX_60m
    no. we cannot predetermine that if market moves 
    up or down that certain events will 
    occur.                                  
    
     
                            
    ----- Original Message ----- 
     
    <BLOCKQUOTE 
    >
      <DIV 
      >From: 
      M. 
      Simms 
      To: <A 
      title=realtraders@xxxxxxxxxxxxxxx 
      href="">realtraders@xxxxxxxxxxxxxxx 
      
      Sent: Monday, January 27, 2003 9:47 
      PM
      Subject: RE: [RT] NDX_60m
      
      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: <A 
        href="">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: 
          <A title=acutimer@xxxxxxxxxxxxx 
          href="">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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