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<DIV><FONT face=Arial size=2>Mark,</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>It's all so very subjective. I'm long, been
long, will remain long, unless my stop gets hit. There is no denying that
six very important momentum oscillators have turned down. The biggest trap
is to follow a philosophy that goes something like this: "because the indicators
turned down in the middle of their ranges and not in "overbought territory"
everything will be peachy". This is total hogwash. Look at the two
biggest downward thrust in the last six months and you will see that in both
cases, sugar momentum oscillators turned down right in the middle of moves (when
the momentum oscillators turned near zero). I have traded this market for
the past six months without a stop and without fear. I am now
"afraid" this market is running out of steam. Gee, can any of you
technicians spell d i v e r g e n c e? </FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Steve Karnish<BR>Cedar Creek Trading<BR><A
href="http://www.abbracadabra.com/cybercast/";>http://www.abbracadabra.com/cybercast/</A></FONT></DIV>
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style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
scheier </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A
href="mailto:metastock@xxxxxxxxxxxxx";
title=metastock@xxxxxxxxxxxxx>metastock@xxxxxxxxxxxxx</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Sunday, November 07, 1999 6:52
PM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Re: Two reasons to hold
sugar</DIV>
<DIV><BR></DIV>Those moving averages look more like they're saying buy than
sell.
<P>Steve Karnish wrote:
<BLOCKQUOTE TYPE="CITE">
<STYLE></STYLE>
<FONT face=Arial><FONT size=-1>LIst,</FONT></FONT> <FONT
face=Arial><FONT size=-1>I've had many immediate responses to the sugar
momentum oscillator post and I felt I should 'splain it more. I've
been long forever and have traded out of the position a few times to scalp
40 or 50 points. I feel there is tremendous reasons to believe that
the 6.87 to 6.90 should hold. In most situations, the convergence of
three fib moving averages is enough to stop any move or provide support to a
market (especially a baby bull in the making). I'm "throwing the towel
in" tomorrow by placing stops below fibonacci retracement and the fib moving
average convergence. If the momentum oscillators are suggesting
downward pressure (and doing it in tandem with a bit of serendipity, I don't
want to get in the way of the downdraft).</FONT></FONT> <FONT
face=Arial><FONT size=-1>I don't use a mechanical system to trade
sugar. If the momentum oscillators would call sugar's turns with any
accuracy, I would have developed a mechanical trading approach. It
does react well to fib retracements and moving averages. The
"seven</FONT></FONT> <FONT face=Arial><FONT size=-1>reasons" are just that:
seven reasons. Add them to 10 or 20 other reasons to go long or short
and sooner or later you will start to understand why I use mechanical
systems in 90% of my trading. Sugar happens to be one that I'm forced
to trade using all the tools. Anyway, my stops are not far below the
6.88 area.</FONT></FONT> <FONT face=Arial><FONT size=-1>Steve
Karnish</FONT></FONT> <BR><FONT face=Arial><FONT size=-1>Cedar Creek
Trading</FONT></FONT> <BR><FONT face=Arial><FONT size=-1><A
href="http://www.abbracadabra.com/cybercast/";>http://www.abbracadabra.com/cybercast/</A></FONT></FONT><FONT
face=Arial><FONT size=-1>Steve Karnish</FONT></FONT> <BR><FONT
face=Arial><FONT size=-1>Cedar Creek Trading</FONT></FONT> <BR><FONT
face=Arial><FONT size=-1><A
href="http://www.abbracadabra.com/cybercast/";>http://www.abbracadabra.com/cybercast/</A></FONT></FONT></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Sun Nov 07 22:14:45 1999
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From: Christian Baude <BAUDECB@xxxxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx
Subject: Re: REMOVE
Date: Mon, 08 Nov 1999 00:41:58 -0500
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Status:
On Sun, 07 Nov 1999 20:01:12 -0700, you wrote:
>PLEASE SEE IF YOU CAN GET US REMOVED FROM YOUR MAILING LIST. YOU JUST
>ARE AN IRRITATION BECAUSE WE CAN'T SEEM TO BE REMOVED FROM YOUR MAILING
>LIST.
Hi William,
Oops I forgot to mention this:
If you ever want to remove yourself from this mailing list, you can
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