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Re: [RT] Short term



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well
I have been short from 900  (position trade NOT a day trade)
and  ALMOST got stopped out today,
question is do I cover all at 845  or just make my stop  tight?
nice week end
Ben
----- Original Message -----
From: "Ned Markson" <cnedgo@xxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, April 11, 2003 8:42 AM
Subject: Re: [RT] Short term


> Ben - I did some work last night that supports Norman's position that
> we are down until the first couple of days of next week. For
> reference, the work is posted at:
> http://epcalc.netfirms.com/Data2/fcst130.htm
>
> Regards
>
> Ned
> --- In realtraders@xxxxxxxxxxxxxxx, profitok <profitok@xxxx> wrote:
> > My  work suggests that there is better than 80%  probability of a
> higher high tomorrow,
> > However
> > would not be surprise to see a lower close
> > (may even take out   today's low)
> > reasons are
> > a vix and vnx  are at a 21 day low
> > and,,  p/c is not bullish
> > the perfect stop loss suggests that if you are long to place your
> stop at  866.90
> > and it goes up  1 point every 15 min,
> > take profit on all  longs at   878.15
> > and after we visit there,  you sell short at  866.5
> > nice day
> > Ben
> > home of the perfect stop loss
> > (trade station, wave wise, and  metastock compatible)
> > profitok@xxxx
> >
> >   ----- Original Message -----
> >   From: Rhonda Guilbeaux
> >   To: realtraders@xxxxxxxxxxxxxxx
> >   Sent: Thursday, April 10, 2003 11:39 AM
> >   Subject: [RT] Short term
> >
> >
> >   "Possible" short term low forming.
> >   Hurst 4 shows yesterday into today.   Weekly Projected High 900,
> Projected
> >   low 858 for this week. 5 plus 858 is 863.   Still holding above
> 858, but
> >   still consolidating at the lows
> >   at present.
> >
> >    If last weeks lows tested and broken obviously
> >   would become an acceleration in the present downtrend.
> >   For now still above  higher support and 50 day ma also.
> >   Time/Price will tell.
> >   Noted Max Pain BobR  posted at 850 in a previous post; also Ira's
> and Jim's
> >   recent posts.    Thanks.
> >
> >
> >   Best,
> >   Rhonda
> >
> >         Yahoo! Groups Sponsor
> >
> >
> >
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> >
> >
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