|
PureBytes Links
Trading Reference Links
|
I am already short and losing on futures but making on my long calls
will add also to shorts at 1500 , and sell 1 call, add more at 1510 and sell one more call
Ben
----- Original Message -----
From: EAdamy
Date: Sunday, August 26, 2007 10:22 pm
Subject: RE: [RT] 88 Years of DJIA history -- the good and the bad
To: realtraders@xxxxxxxxxxxxxxx
> I have pretty strong overhead resistance in the 1492+- area
> basis September.
> On positive side, price managed to rally and close above the May-March
> trendline on Friday so we could see some support there which
> would be more
> or less sideways correction. My work shows a mixed bag of plus
> and minus,
> however I suspect we could see the expected retest next week
> which would tie
> in with Clyde's turn date. Breadth models suggest that any
> retest in the
> next week or so would be at higher levels. We also have a full
> moon and
> Bradley turn date here.
>
> I have a short on here and will add at 1493+-. I expect to take
> profitsquickly unless we get more negative fundamental news ...
> this is the biggest
> downside risk.
>
> Earl
>
> _____
>
> From: realtraders@xxxxxxxxxxxxxxx
> [mailto:realtraders@xxxxxxxxxxxxxxx] On
> Behalf Of Ira
> Sent: Sunday, August 26, 2007 4:19 PM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: Re: [RT] 88 Years of DJIA history -- the good and the bad
>
>
>
>
> My monthly chart shows downside pressure and divergence at the
> high. Even
> though these are negatives the Weekly and Daily show upside
> pressure. the
> daily chart indicator is over extended which indicates that
> there should be
> a couple of days of horizontal or downside price action.
>
> Just one man's opinion,
> Ira
> www.thetradersguide .net
>
>
>
> ----- Original Message -----
> From: Clyde Lee
> To: realtraders@
> yahoogroups.com
> Sent: Sunday, August 26, 2007 1:45 PM
> Subject: [RT] 88 Years of DJIA history -- the good and the bad
>
>
>
>
> Just for new readers:
>
> The Tradestation indicator called The SwingMachine is given
> a specification for detection of pivot (turning) points and keeps
> tract of all such points (in time and price) for the entire period
> of the chart on which it is applied.
>
> Price is kept in terms of percent of current price so that a
> proper average/estimate can be made at any point in time
> thereafter.
>
> The attached shows to most optimistic and most pessimistic
> views that can be accumulated from the 88 years of weekly
> data that was analyzed.
>
> Remember this is nothing but a representation of what has
> happened in the past. For those that think the market tends
> to repeat patterns of price this is an excellent study.
>
> - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
> - - - -
> Clyde Lee phone: 713.783.9540
> SYTECH Corporation
> 7910 Westglen, Suite 105
> Houston, TX 77063 fax: 713.783.1092
> WebSite: www.theswingmachine
> .com
> - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
> - - - -
>
>
>
>
>
>
__._,_.___
![]()
__,_._,___
|