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Re: [RT] Intra-day market activity



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39 minutes is 1/10th of the stock exchange trading session ... last bar is a
short bar on the futures.

Earl

----- Original Message -----
From: "Don Thompson" <detomps@xxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, July 17, 2001 5:39 PM
Subject: Re: [RT] Intra-day market activity


Tim Morge uses it.
39 min is 3 * 13 nothing significant really probably because he uses a fast
chart of 3 min.
I do. so it is kinds like a fib number...

don
  ----- Original Message -----
  From: Steve
  To: realtraders@xxxxxxxxxxxxxxx
  Sent: Tuesday, July 17, 2001 5:03 PM
  Subject: Re: [RT] Intra-day market activity


  What is the significance of a 39min chart?
  Why not use a 34min since it is a fibonacci number?
  Just wondering
  Thanks
  Steve
    ----- Original Message -----
    From: Earl Adamy
    To: realtraders@xxxxxxxxxxxxxxx
    Sent: Tuesday, July 17, 2001 2:15 PM
    Subject: Re: [RT] Intra-day market activity


    Look at the confluence on 39 minute chart of the 62% retracement of the
    decline and the 100% ABC expansion of the first rally off the low all
coming
    together at 1216+-. This was a good place to take profits and look for
    possible entry on retracement.

    Earl

    ----- Original Message -----
    From: "Randall Kurzon" <rkurzon@xxxxxxx>
    To: <realtraders@xxxxxxxxxxxxxxx>
    Sent: Tuesday, July 17, 2001 11:59 AM
    Subject: Re: [RT] Intra-day market activity


    > Well we sure seem to be hitting overhead resistance. One of my
proprietary
    > oscillators says this move up will take a little break now- we'll see.
I
    > show the next major resistance level at about 1220 and then at around
    1225,
    > Friday's high. Anyone see a particular reason we should be stalling
out
    here
    > (1214-15)?
    >
    > Randall
    >
    >
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