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Re: [RT] s&p .. Where did that cat go?



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BobR,
Sage advice, never thought about the cat going more than one way.

The cat did bounce from 1088.50 (globex) to 1009 early though, then decided
to go downstairs?

I painfully know as my 1088.25 (fading a 60min fib expansion from 8-27 to
8-30 target 1086.50 was missed in the globex by a tic) only to hop on late
and then watch a 12+ H win turn into a BE trade before I could say, what the
. . .

I don't know about anyone else, but this is brutal to trade intraday/night?
don ewers

----- Original Message -----
From: "BobR" <bobrabcd@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, September 07, 2001 3:29 PM
Subject: Re: [RT] s&p .. Where did that cat go?


> Think of the dead cat bounce as not off the floor, but off of a stairway
> with each bounce occurring off a lower step.  Today the first bounce was
> from the -0.382 extension of yesterday's range, that took the ES back to
the
> Open as measured at midnight, then the bounce from the next lower step was
> only up to the dynamic midpoint.  The day ended on the lower step.  With a
> little visualization two mini head and shoulder patterns can be seen
formed
> by the two bounces.  The last H&S bounce projects at least another 10
points
> down.
>
> bobr
>
> ----- Original Message -----
> From: "Don Thompson" <detomps@xxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Friday, September 07, 2001 1:09 PM
> Subject: Re: [RT] s&p .. Where did that cat go?
>
>
> > Forecasting is a tough business...
> >
> > Ben,,,Where did that cat go?
> >
> > LOL...
> >
> > Not laughing at you or anything.  Looks like this market is serious
about
> > continueing down..
> >
> > Don
> >
> >
> >
> >
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >
> >
> >
> > Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
> >
> >
>
>
> To unsubscribe from this group, send an email to:
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>
>
>
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>
>


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