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Re: [RT] Short term



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Best regards,  

Ned


--- In realtraders@xxxxxxxxxxxxxxx, profitok <profitok@xxxx> wrote:
 > 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@xxxx>
 > 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
 > > >

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