Re: [RT] SP 5-6-04

["Norman Winski" <nwinski@xxxxxxxxxxxxx>]

RB,
 
 If Soybeans have at least a 60 cent rally into May 17 - 19, that 
should be a good area to short.  
 
Regards,
 
Norman
<BLOCKQUOTE dir=ltr 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  RB 
  
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="">realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Friday, May 07, 2004 1:34 AM
  Subject: Re: [RT] SP 5-6-04
  
   Norman,
   
  Have any ideas on the next bottom and top in the grains?
  And what kind of up and down move can happen?
   
   Thanks,
   
  <BLOCKQUOTE 
  >
    ----- Original Message ----- 
    <DIV 
    >From: 
    Norman 
    Winski 
    To: <A 
    title=realtraders@xxxxxxxxxxxxxxx 
    href="">realtraders@xxxxxxxxxxxxxxx 
    
    Sent: Thursday, May 06, 2004 6:29 
    PM
    Subject: Re: [RT] SP 5-6-04
    
    Howdy Delta,
     
           My stock market sentiment 
    indicator moved into the buy zone tonight, indicating the market should be 
    at a low within 1-2 days. There is one short term 
    cycle activating tomorrow which usually triggers a 1-2% correction over 
    1-2 days.  My cycles analysis indicated a flat and choppy week for this 
    past week and up next week leading to a May 17-18 peak.  So, there 
    should be a low by Monday's opening and then perhaps about up about 
    5% into mid May.  Watch also for a possible peak in crude oil 
    prices circa May 17.
     
    Regards,
     
    Norman
    <BLOCKQUOTE dir=ltr 
    >
      ----- Original Message ----- 
      <DIV 
      >From: 
      <A title=delta88343@xxxxxxx 
      href="">delta88343@xxxxxxx 
      To: <A 
      title=realtraders@xxxxxxxxxxxxxxx 
      href="">realtraders@xxxxxxxxxxxxxxx 
      
      Sent: Thursday, May 06, 2004 9:09 
      PM
      Subject: [RT] SP 5-6-04
      
      As suspected, this move up was weak. This does not bode well for the 
      bulls. If we don't close above 1122 tomorrow or shortly thereafter, 
      this high would be 2 days early which is nothing too terrible, but due to 
      the tough time this market has had moving up this week is an indication of 
      weakness. Since the next low point is due in a week or so, 
      and considering the weakness we saw this week, we could have some 
      real problems here.
       
      Could easily take out the lows of 3/24 I would think.
       
      Is anyone seeing the same thing?
       
      See attached chart if so inclined.
      
      

      
      
      <IMG 
      src="">







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