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Serious Selling in progress, appears to be more than just
'mom & pop' selling this market.
--- Ben <profitok@xxxxxxxxxxxxx> wrote:
> oil price is the key
> Ben
> ----- Original Message -----
> From: EAdamy
> To: realtraders@xxxxxxxxxxxxxxx
> Sent: Tuesday, May 10, 2005 8:43 AM
> Subject: Re: [RT] up, down, sideways, whither this market? was: Party of
> Bloat
>
>
> While we are approaching a logical shorting area, I would exercise some
> caution. The NYSE Comp has been retesting the underside of the LT trendline
> from the March 2003 low for 4 days now. The NYSE AD issues oscillator is a
> extreme level, however the AD volume oscillator still has some room to move
> up before becoming extreme and the OB/OS Oscillator on Highs-Lows is on the
> cusp of a breakout. While NYSE is at resistance and SP500 is just 4 handles
> below the LT trendline, I would not rule out the possibility of a rally
> through the TL followed by a pullback to the TL.
>
> Earl
> ----- Original Message -----
> From: Ben
> To: realtraders@xxxxxxxxxxxxxxx
> Sent: Monday, May 09, 2005 9:03 PM
> Subject: Re: [RT] up, down, sideways, whither this market? was: Party of
> Bloat
>
>
> we WILL make a higher high tomorrow
> and
> that is opportunity to short
> most overbought is spy
> NASDAQ may close up for the day
> I doubt sp500 will close up
> Ben
> ----- Original Message -----
> From: "Deosaran Bisnath" <deobisnath@xxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Monday, May 09, 2005 10:43 PM
> Subject: Re: [RT] up, down, sideways, whither this market? was: Party of
> Bloat
>
>
> > Thanks Clyde. Talking about the markets....
> > Closed at the highs of the day, which they say is
> > usually worth a few points up to start the next day,
> > but here we are again, struggling to overcome this
> > very stiff resistance zone at 1179/82. Seems like
> > market has been here several times during past few
> > days, only to be rejected, back down a few points, back
> > up again, and probably trying once more tomorrow
> > to rally past this zone.
> >
> > Anyone has an opinion on this?
> >
> >
> >
> > --- Clyde Lee <clydelee@xxxxxxxxxx> wrote:
> >
> >> AND I THOUGHT THIS LIST WAS ABOUT
> >> "REALTRADERS".
> >>
> >> POLITICAL DECISIONS MAY EFFECT WHAT
> >> WE DO AS TRADERS BUT DISCUSSION OF
> >> THE TYPES THAT HAVE BEEN OFFERED DO
> >> LITTLE OR NOTHING TO GIVE ME AN IDEA
> >> OF WHAT TO DO NEXT AND REALLY DISGUST
> >> ME THAT WE HAVE TO GET HUNG UP IN
> >> POLITICAL DISCUSSIONS.
> >>
> >> MODERATOR, WHERE ARE YOU ? ? ? ? ?
> >> ----- Original Message -----
> >> From: Norm Winski
> >> To: realtraders@xxxxxxxxxxxxxxx
> >> Sent: Monday, May 09, 2005 8:57 PM
> >> Subject: RE: [RT] Party of Bloat
> >>
> >>
> >> Howdy Ben,
> >>
> >>
> >>
> >
> > http://www.JahajeeDesi.com
> > Home of the Caribbean Indian Diaspora
> >
> >
> >
> >
> >
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> >
> >
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>
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