[RT] are we there yet(bottom in sp500)

[Ben <profitok@xxxxxxxxxxxxx>]

attach are two gifs,

 

one is the profit index labeled profitindex10/20/04

 

it shows that this is the second time we pierce the lower  line, suggesting  to close your shorts,

 

the second gif (named longterm10/20/04)

shows that the max risk  to the downside is 15-20 points

(blue line is  not far from bottom where you close long term short trades,)

 

but the upside is 60-80

 

both  indicators are available

 

best regards

Ben

profitok@xxxxxxxxxxxxx

 

 

---
Outgoing mail is certified Virus Free.
Checked by AVG anti-virus system (http://www.grisoft.com).
Version: 6.0.779 / Virus Database: 526 - Release Date: 10/19/2004

Yahoo! Groups Sponsor

ADVERTISEMENT

---

Yahoo! Groups Links

• To visit your group on the web, go to:
  http://groups.yahoo.com/group/realtraders/
   
• To unsubscribe from this group, send an email to:
  realtraders-unsubscribe@xxxxxxxxxxxxxxx
   
• Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.

Attachment: prifitindex102004.gif
Description: GIF image

Attachment: longterm102004.gif
Description: GIF image