Re: [RT] RE: RT Beige book

["sue crew" <screwy@xxxxxxxxxxxxxx>]

So Earl, overall we can say down but don't be too bearish.

 

By the way Earl your call on the AUD was spot on.

 

cheers

 

Susan

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

From: EAdamy

To: realtraders@xxxxxxxxxxxxxxx

Sent: Friday, September 08, 2006 11:11 PM

Subject: RE: [RT] RE: RT Beige book

Yesterday's spike rally went high enough to suggest caution so my gut is telling me to be careful here. In fact, I probably would not have shorted again had I been at my computer yesterday morning to see the decline ahead of the rally which filled my order. 60 minute Advanced Get chart is attached although I'm not crazy about the count where W.1 has the big gap ... my basic rule is that if it has a gap in it, it's a W.3 of something. AGet is saying there isn't much downside before we get some kind of leg up. Good news should be that pre-market is up which tends to be bearish.

 

Earl

 

 

-----Original Message-----
From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx]On Behalf Of Ron Cernokus
Sent: Thursday, September 07, 2006 10:10 PM
To: realtraders
Subject: [RT] RE: RT Beige book

Earl,

 

In looking at this 60 min. Dec. ES contract it appears to be doing a 4th wave.  What do you think, maybe another wave down to complete this sequence?

 

Ron

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