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Re: [RT] short term



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Those that can't criticize those that do. Take me off this list.  
 
----- Original Message -----
Sent: Tuesday, July 08, 2008 3:01 AM
Subject: RE: [RT] short term

Ben,

You really need to reread stuff before sending it out.  Your emails are normally short and sweet, and often correct, although the recent call for a low was wrong. But the material you sent below...well..let?s just say if you published this stuff you would lose your job. It?s complete gobbledygook. 

My interpretation of what you wrote says the market is going down until it can build enough volume to go back up. And the longer it goes does the more likely it will head high eventually. IS this right? Then you go onto say the market may move...it may go higher...but then it won?t. 

To be honest, I challenge anyone to actually benefit from this information.  As I said..your stuff is normally clear cut, but this is at the opposite end f the scale.

From: realtraders@yahoogroups.com [mailto:realtraders@yahoogroups.com] On Behalf Of Ben
Sent: Tuesday, 8 July 2008 3:49 PM
To: realtraders@yahoogroups.com
Cc: TimeandCycles@yahoogroups.com
Subject: [RT] short term

with permit from market  volume

Short Term (lasts a few hours to a few days): In our short term of the last session, we mentioned that ""The trend has been that the markets will move lower in order to generate more buying volume before moving higher and a continuation of this would not be out of the question."

Our forward looking thought is that the possibility remains for the index to continue this pattern as it did today. The longer it does continue this pattern, the more the chances will increase that the trend will be higher in the future but for the short term the index may be weaker than stronger." Today's trading aligned with this outlook, the markets moved lower and generated large surges of buying volume before responding to these surges and moving higher.

The possibility is that the index will continue to trade relatively close to these levels, it may move, then rally higher and end up relatively unchanged. The trend lower is still the one that is dominate, however a change may be occurring. There may be high volatility as today's greater than 2% intra-day move can attest to.

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