Re: [RT] SP500 - pull back times?

["EAdamy" <eadamy@xxxxxxxxxxxx>]

One other thing ... short which is setting up looks like a correction trade. I think SP 500 will move higher now that it has moved back above the intermediate term trendline (gray). Reasonable target would be confluence of the 68% retracement to ATH and the upper blue trendline at 1253+-.

 

Earl

----- Original Message -----

From: EAdamy

To: realtraders@xxxxxxxxxxxxxxx

Sent: Saturday, June 18, 2005 7:13 AM

Subject: Re: [RT] SP500 - pull back times?

My general view has been that the fundamentals and risks do not merit heavy long positions, however I did put on my first light long position at 1160 although I have not taken the entire ride. See my earlier posts: 5/15, 5/17, 5/23, 5/26.

 

Earl

----- Original Message -----

From: sg9310@xxxxxxxxxxx

To: realtraders@xxxxxxxxxxxxxxx

Sent: Friday, June 17, 2005 7:23 PM

Subject: [RT] SP500 - pull back times?

Jusr a question..... If you folks are so sure that you are pyramiding
shorts, are you also paricioating in the upswimg as it has been occurring.

Sallie

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