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Ned Markson wrote:
> FWIW, I would scale out of my position here, leaving some portion with
> a close stop (This is NOT trading advice, just a personal opinion). As
> you can see from the attached gif there is still room to go before
> your profit taking oscillator triggers a long buy. My personal price
> target for this move is in the vicinity of 835.
>
> 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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