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@yahoogroups.com
>
[mailto:realtraders@yahoogroups.com]*On
Behalf Of *Ron Cernokus
> *Sent:* Wednesday, September 06, 2006 1:17
PM
> *To:* realtraders@yahoogroups.com
>
*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@xxxxxxxxxcom>
>
*To:* realtraders@yahoogroups.com
>
<mailto:realtraders@yahoogroups.com>
>
*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@yahoogroups.com
>
<mailto:realtraders@yahoogroups.com>
>
[mailto:realtraders@yahoogroups.com]*On
Behalf Of *EAdamy
> *Sent:* Wednesday, September 06, 2006 6:51
AM
> *To:* realtraders@yahoogroups.com
>
<mailto:realtraders@yahoogroups.com>
>
*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
>
>
