Re: [RT] state of the market

["mr.ira" <mr.ira@xxxxxxxxxxxxx>]

On support of this down move we are close enough I have 1198.  there are several short term targets between 1204 and 1198 that could produce support.

One should keep in mind seasonality.  Next week precedes the Labor day week end and the markets usually rally into holiday week ends. 

 

As they say on packages, Fragile, Handle With Care. 

 

Have a good week end all.  Ira.

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

From: Ben

To: realtraders@xxxxxxxxxxxxxxx ; ntt-list@xxxxxxxxxxxxxxx ; Vincent DONOVAN (E-mail) ; e-mini_traders_anon@xxxxxxxxxxxxxxx ; Value_Oasis@xxxxxxxxxxxxxxx

Cc: Ronald McEwan

Sent: Friday, August 26, 2005 2:49 PM

Subject: [RT] state of the market

Hello

 

the chart attached shows the perfect stop loss,

 

when we are in a bull mode it never penetrated the last line from the top,

 

when we are in a bear mode it acts as resistance, and market keep going lower,

 

how much lower?

the cash should get support at 1199.13

 

and for close to be back in an up mode we need cash to close above 1209.25

Ben

---

No virus found in this outgoing message.
Checked by AVG Anti-Virus.
Version: 7.0.344 / Virus Database: 267.10.16/83 - Release Date: 8/26/2005

---

YAHOO! GROUPS LINKS

•  Visit your group "realtraders" on the web.
   
•  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.

---