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Re: Re[2]: [RT] Outside Days/Trin Setups



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Bob,

I guess the question now is which way will it break out?  Tuesday afternoons 
are often bullish.

Ron

----- Original Message ----- 
From: "Bob Hunt" <rhunt@xxxxxxxxxxxxxxx>
To: "Ron Cernokus" <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, April 02, 2007 6:50 PM
Subject: Re[2]: [RT] Outside Days/Trin Setups


> Ron,
>
> Yep - this is exactly what I alluded to. We also have a number of
> other things happening that hint at an expected expansion move - the
> YM fired NR4 and Inside Day signals today and both the S&P and the
> Russell fired Low Historical Volatility signals.
>
> Regards,
>
> Bob Hunt
> E-Mail: RHunt@xxxxxxxxxxxxxxxxxx
> Web Site: http://www.PatternTrapper.com
> Phone: 952-892-5550
>
>
>
> On Monday, April 2, 2007, 5:15:36 PM, you wrote:
>
> RC> Bob,
>
> RC>
>
> RC> Is this inside day one of the kind you been looking for?
>
> RC>
>
> RC> Ron
>
> RC>
>
> RC>   ----- Original Message ----- 
>
> RC>   From:  Bob   Hunt
>
> RC>   To:realtraders@xxxxxxxxxxxxxxx
>
> RC>   Sent: Sunday, April 01, 2007 12:02   PM
>
> RC>   Subject: [RT] Outside Days/Trin   Setups
>
>
>
>
> RC>     In regards to outside days, I've noticed an even better setup is 
> the
> RC> breakout of inside day AFTER an outside day. They don't happen   very
> RC> often, but when they do they're very reliable. The last one we had 
> in
> RC> the YM (which is my primary market of choice) was February 21 and
> RC> resulted in a large move to lower prices.
>
> RC> On an unrelated   matter, I've been looking at some daily Trin setups:
> RC> 
> http://www.tradingmarkets.com/.site/stocks/commentary/editorial/TRIN.cfm
> RC> I   rely on Trin quite heavily for my intraday trading, but never 
> looked
> RC> at it   seriously for daily timeframe swing trading setups. This 
> Connors
> RC> approach   seems to hold good promise.
>
> RC> Attached is a Tradestation chart showing   two slightly different long
> RC> entry and exit strategies based on this article   (green is long 
> entry -
> RC> yellow is long exit - there are no short setups   using either 
> strategy
> RC> - the red line is a 200 day SMA). Both strategies are   currently 
> long.
>
> RC> Also keep in mind that there is a full moon occurring   on Monday. 
> Daily
> RC> timeframe short term highs or lows seem to regularly occur   within a
> RC> one day window on either side of full moon   days.
>
> RC> Regards,
>
> RC> Bob Hunt
> RC> E-Mail: RHunt@xxxxxxxxxxxxxxxxxx
> RC> Web   Site: http://www.PatternTrapper.com
> RC> Phone:   952-892-5550
>
> RC> On Saturday, March 31, 2007, 1:48:01 PM, you   wrote:
>
> PL>> Good question. Friday was an outside day. If   we make a
> PL>> higher high or a lower low then we stand a good   chance of
> PL>> continuing on in that direction (see attached   chart).
>
> PL>> From: Ben <profitok@xxxxxxxxxxxxx>
> PL>>   Reply-To: realtraders@xxxxxxxxxxxxxxx
> PL>>   To: realtraders@xxxxxxxxxxxxxxx
> PL>>   Subject: Re: [RT] Recrossed down
> PL>> Date: Sat, 31 Mar 2007 01:49:54   -0500
>
> PL>> we most likely have a reliefe rally for the tention in   Iran
>
> PL>> question is
>
> PL>> is it a one day affair or   not?
>
> PL>> ----- Original Message ----- 
>
> PL>> From:Pete   Lieber
>
> PL>> To:realtraders@xxxxxxxxxxxxxxx
>
> PL>>   Sent: Saturday, March 31, 2007 12:28 PM
>
> PL>> Subject: RE: [RT]   Recrossed down
>
> PL>> The closest way that I track the small caps is by   following
> PL>> the OBV on the NASDAQ. The attached chart tends to   agree with
> PL>> your analysis - NASDAQ volume ended strong on Friday   indicating a
> PL>> stong day Monday morning.
>
> PL>> From: "Mark   Simms" <marksimms@xxxxxxxxxxx>
> PL>>   Reply-To: realtraders@xxxxxxxxxxxxxxx
> PL>>   To: <realtraders@xxxxxxxxxxxxxxx>
> PL>>   Subject: RE: [RT] Recrossed down
> PL>> Date: Sat, 31 Mar 2007 11:35:47   -0400
>
> PL>> Interesting, and although it's not the same as "your"   volume 
> indicator,
>
> PL>> OBV has been very strong on the small caps   with the proxy used as 
> the etf "IWM".
>
> PL>> The small caps   took quite a hit in the Yen carry-trade event
> PL>> as they are quite   interest rate sensitive.
>
> PL>> Now It appears there are big bets going   off that rates
> PL>> will be stable and NOT go up much.
>
> PL>>
>
> PL>> From: realtraders@xxxxxxxxxxxxxxx
> PL>>   [mailto:realtraders@xxxxxxxxxxxxxxx]   On Behalf Of Pete Lieber
> PL>> Sent: Saturday, March 31, 2007 2:12   AM
> PL>> To: realtraders@xxxxxxxxxxxxxxx
> PL>>   Subject: RE: [RT] Recrossed down
>
> PL>> Hmmm, I recrossed up - for   Thursday I had negative divergence
> PL>> in my volume indicator and today   I ended with positive divergence
> PL>> (see attached chart), so I am   expecting at least an up half-day
> PL>> Monday. But over the past   two days the volume indicator has not
> PL>> bounced up as well as the   market indicating further weakness lies
> PL>> ahead.
>
> PL>>
>
> PL>>
>
> PL>> Pete
>
> PL>> No virus found in   this incoming message.
> PL>> Checked by AVG Free Edition.
> PL>>   Version: 7.5.446 / Virus Database: 268.18.23/740 -
> PL>> Release Date: 3/30/2007   1:15 PM
>
> PL>>
>
>
>
>
>
> RC>
>
>
>
>
>
> Yahoo! Groups Links
>
>
>
> 



 
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