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Re: [RT] next week (corrected GIF)



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Earl... would you have the time to post a chart showing that Thrust 
Reversal.... in the daily and weekly.  I'm having some trouble seeing 
how those work.

John


EAdamy wrote:
> Ron,
>  
> I've posted two messages since 12:42. The first noting that both 
> Thrust Reversals had been triggered and a reply to Kate. Neither have 
> appeared an hour later. Yes, I think the odds favor a good move down. 
> Still no guarantee that *_the_* top is in however.
>  
> Earl
>  
>
>     -----Original Message-----
>     *From:* realtraders@xxxxxxxxxxxxxxx
>     [mailto:realtraders@xxxxxxxxxxxxxxx]*On Behalf Of *Ron Cernokus
>     *Sent:* Wednesday, September 06, 2006 1:17 PM
>     *To:* realtraders@xxxxxxxxxxxxxxx
>     *Subject:* Re: [RT] next week (corrected GIF)
>
>     Earl,
>      
>     So it looks like we are started down now on a move that should
>     last at least a few days?  Is that how you see it?  Thanks.
>      
>     Ron  
>
>         ----- Original Message -----
>         *From:* EAdamy <mailto:eadamy@xxxxxxxxxxxx>
>         *To:* realtraders@xxxxxxxxxxxxxxx
>         <mailto:realtraders@xxxxxxxxxxxxxxx>
>         *Sent:* Wednesday, September 06, 2006 9:35 AM
>         *Subject:* RE: [RT] next week (corrected GIF)
>
>         Potential Thrust Reversal on ND100 emini today at 1582. Now we
>         have two numbers to watch if we get a sharp decline today.
>          
>         Earl
>          
>
>             -----Original Message-----
>             *From:* realtraders@xxxxxxxxxxxxxxx
>             <mailto:realtraders@xxxxxxxxxxxxxxx>
>             [mailto:realtraders@xxxxxxxxxxxxxxx]*On Behalf Of *EAdamy
>             *Sent:* Wednesday, September 06, 2006 6:51 AM
>             *To:* realtraders@xxxxxxxxxxxxxxx
>             <mailto:realtraders@xxxxxxxxxxxxxxx>
>             *Subject:* RE: [RT] next week (corrected GIF)
>
>             Potential Thrust Reversal in emini today requires a break
>             of the 9/1 up thrust low at 1304.75. There have been 2
>             prior Thrust Reversals in the September contract:
>
>                 * 5/11 when the up thrust low at 1327.25 was violated.
>                   That lead to an 84 handle decline over 10 days from
>                   the 1341.50 high on the reversal day.
>                 * 6/5 when the up thrust low at 1277.25 was violated.
>                   That started the second leg of the 5/11
>                   decline leading to a 70 handle decline over 8 days. 
>
>             If the TR is not signaled today, odds increase for a
>             higher high during the next week or two.
>              
>             Earl
>
>  



 
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