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New high new low also showing a bearish divergence
Ben
----- Original Message -----
From: "EarlA" <earl.a@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, September 19, 2003 5:50 PM
Subject: Re: [RT] Is this divergence for real?
> Yes, I have major divergences in my breadth models ringing amid other
> warnings. However no guarantee that the top is in and I could see a run to
> 1080-90. I started scaling in a short position yesterday at 1040 buying
deep
> in money March 2004 LEAP Puts at 1150 strike. I consider an implied
> volatility of 16% to be a bargain. I'm not good enough at top picking to
> nail the exact top.
>
> Earl
>
> ----- Original Message -----
> From: "Navtej S. Nandra (RR)" <nnandra@xxxxxxxxxx>
> To: "swingmachine" <swingmachine@xxxxxxxxxxxxxxx>;
> <realtraders@xxxxxxxxxxxxxxx>
> Sent: Friday, September 19, 2003 12:35 PM
> Subject: [RT] Is this divergence for real?
>
>
> Please see attached; anyone else showing a possible near term top?
> N
>
>
>
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