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Ben,
What is ravi?
Dan
profitok wrote:
Helloattach
is the transportation index from NASDAQas
you can see it broke the trend line from 2/2002(this
are weekly bars)also, ravi
which is an extremely reliable indicator for turns turned down,Ben
<blockquote
>
----- Original Message -----
<div
>From:
EarlA
To: realtraders@xxxxxxxxxxxxxxx
Sent: Saturday, January 31, 2004 12:58
PM
Subject: Re: [RT] Earl
Depends on your outlook ... mine is a long term investment based
on declining supplies and rising demand. That does not mean that there
will not be volatility, so I do a bit of trading and hedging around core
positions. FWIW, S&P 100 and 500 are the only two major indexes
which have not reached their March 2002 highs. During the past week we
have seen some modest deterioration in breadth and momentum, however the
daily charts are approaching oversold levels. I expect to see one more
rally into the 1062-1073 target range before this puppy rolls over for
a real correction. Interestingly, the S&P commercial remained lightly
long as of Tuesday's reporting date. Earl
<blockquote
>
----- Original Message -----
<div
>From:
profitok
To: realtraders@xxxxxxxxxxxxxxx
Sent: Thursday, January 29, 2004 8:41
PM
Subject: Re: [RT] Earl
Hellofrom
your previous post on oil holding was a good calltoday
Exxon 11 billion profit prove ithowever,it
is also time to close 50% of longs in oil holdings and put a tight
stop on the restBen
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