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Earl... would you have the time to post a chart showing that Thrust
Reversal.... in the daily and weekly. I'm having some trouble seeing
how those work.
John
EAdamy wrote:
> Ron,
>
> I've posted two messages since 12:42. The first noting that both
> Thrust Reversals had been triggered and a reply to Kate. Neither have
> appeared an hour later. Yes, I think the odds favor a good move down.
> Still no guarantee that *_the_* top is in however.
>
> Earl
>
>
> -----Original Message-----
> *From:* realtraders@xxxxxxxxxxxxxxx
> [mailto:realtraders@xxxxxxxxxxxxxxx]*On Behalf Of *Ron Cernokus
> *Sent:* Wednesday, September 06, 2006 1:17 PM
> *To:* realtraders@xxxxxxxxxxxxxxx
> *Subject:* Re: [RT] next week (corrected GIF)
>
> Earl,
>
> So it looks like we are started down now on a move that should
> last at least a few days? Is that how you see it? Thanks.
>
> Ron
>
> ----- Original Message -----
> *From:* EAdamy <mailto:eadamy@xxxxxxxxxxxx>
> *To:* realtraders@xxxxxxxxxxxxxxx
> <mailto:realtraders@xxxxxxxxxxxxxxx>
> *Sent:* Wednesday, September 06, 2006 9:35 AM
> *Subject:* RE: [RT] next week (corrected GIF)
>
> Potential Thrust Reversal on ND100 emini today at 1582. Now we
> have two numbers to watch if we get a sharp decline today.
>
> Earl
>
>
> -----Original Message-----
> *From:* realtraders@xxxxxxxxxxxxxxx
> <mailto:realtraders@xxxxxxxxxxxxxxx>
> [mailto:realtraders@xxxxxxxxxxxxxxx]*On Behalf Of *EAdamy
> *Sent:* Wednesday, September 06, 2006 6:51 AM
> *To:* realtraders@xxxxxxxxxxxxxxx
> <mailto:realtraders@xxxxxxxxxxxxxxx>
> *Subject:* RE: [RT] next week (corrected GIF)
>
> Potential Thrust Reversal in emini today requires a break
> of the 9/1 up thrust low at 1304.75. There have been 2
> prior Thrust Reversals in the September contract:
>
> * 5/11 when the up thrust low at 1327.25 was violated.
> That lead to an 84 handle decline over 10 days from
> the 1341.50 high on the reversal day.
> * 6/5 when the up thrust low at 1277.25 was violated.
> That started the second leg of the 5/11
> decline leading to a 70 handle decline over 8 days.
>
> If the TR is not signaled today, odds increase for a
> higher high during the next week or two.
>
> Earl
>
>
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