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this IS a difficult market
however
game is OVER
tomorrow we make a LOWER low and close up
for until 4/1
4/1-4/5 should be a low for oil and gold , high for dollar and bonds and
sp/nasdaq
Ben
----- Original Message -----
From: "Don Ewers" <dbewers@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, March 29, 2005 9:11 PM
Subject: Re: [RT] SPX
>
> I might add once everyone is convinced there is a "range" and consider
> trading the current range . . . it will do something different. Now that
> a
> range is defined "and noticed" . . . look out?
> ----- Original Message -----
> From: "Don Ewers" <dbewers@xxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Tuesday, March 29, 2005 7:09 PM
> Subject: Re: [RT] SPX
>
>
>
> I did not trade it but honestly thought the recovery from the night lows
> back to the high was going to be a breakout. Instead chop, chop chop into
> the employment maybe. What is the saying, "don't try to make sense of
> sideways markets", concentrate on the breakout, up or down once it occurs.
>
> ----- Original Message -----
> From: "EAdamy" <eadamy@xxxxxxxxxxxx>
> To: "Realtraders" <realtraders@xxxxxxxxxxxxxxx>
> Sent: Tuesday, March 29, 2005 12:31 PM
> Subject: [RT] SPX
>
>
> 5 failed attempts to break above resistance at 1182 and now on 5th attempt
> to break below support at 1174. All that was accomplished during the past
> 4
> days was to relieve the oversold condition in the oscillators.
>
> Can they try a 6th time? Could be, however Curtis Arnold describes the
> rectangle as a reliable continuation pattern. 3 price targets lie below:
> 1164, 1146, and 1130.
>
> Earl
>
>
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