Re: [RT] follow up sp500, RealTraders Email List Archive

I went to Nam san in Kyungju on the weekend.

I saw many images of buddha.

There were no hands and faces on many images since they

were removed and destroyed by confucianist during Chosun dynasty.

I was embarrassed and thought we need to preserve cultural

properties.

I did not see as many cultural places in Kyungju as I

wanted to this time.

I want to visit Kyungju again to visit them.

----- Original Message ----
From: Ira <mr.ira@xxxxxxxxxxxxx>
To: realtraders@xxxxxxxxxxxxxxx
Sent: Tuesday, May 6, 2008 8:50:18 AM
Subject: Re: [RT] follow up sp500

glad to be of help.

Ira
www.delta100.com

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

From: Ben

To: realtraders@xxxxxxxxxxxxxxx

Cc: Vincent DONOVAN (E-mail) ; Trend Hunter

Sent: Monday, May 05, 2008 4:31 PM

Subject: Re: [RT] follow up sp500

hello Ira

thanks for your input,

over the week end i was also convinced we will get to 1440-1460   before going down,

but,

now i think   we get there after we visit 1360-1365

and

made tons on your CL short recomendation

enter a week ago at 114 and added 2 more at 113

bought to cover at 110.69

problem is re enter short too early

have a great week

Ben

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

From: Ira

To: realtraders@ yahoogroups. com

Sent: Monday, May 05, 2008 7:23 PM

Subject: Re: [RT] follow up sp500

Ben:

I have price reaching the second price objective for the move up. It is acting as resistance as it should. The target for this move higher, a retracement, is 1456. For price to start a major move down it would have to go through 1355 and than the first price objective would be 1289. There is major divergence at the high and now there is downside pressure being place on price. The divergence indicates that the interior of this index is far weaker than price indicates.

Just one man's opinion.

Ira
www.delta100. com

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

From: Ben

To: realtraders@ yahoogroups. com

Cc: TimeandCycles@ yahoogroups. com ; vincenn

Sent: Monday, May 05, 2008 4:13 PM

Subject: [RT] follow up sp500

Here is the vince indicator bottom chart

top chart is the sp500

notice the bearish divergence,   its now on for over 5 days

p,s

you most likely get a gift tomorrow, to get out of longs ,and enter shorts, at about

1409-1411

Ben

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