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Re: [RT] Intra-day market activity



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Good morning, folks!

Great discussion yesterday. Sorry I missed it.

39 min charts are extremely useful because the cash S&P and ND markets have 
10 equal 39 minute bars each day. And 39 is a product of two fib numbers: 3 
and 13.

Best,

Tim Morge


At 07:39 PM 7/17/2001 -0400, you wrote:
>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: <mailto:gts@xxxxxx>Steve
>>To: <mailto:realtraders@xxxxxxxxxxxxxxx>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: <mailto:eadamy@xxxxxxxxxx>Earl Adamy
>>>To: <mailto:realtraders@xxxxxxxxxxxxxxx>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" <<mailto:rkurzon@xxxxxxx>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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>>> >
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>>>
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>>>
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>>
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>
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