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Re: [RT] next week



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jim the only reason you work and mine did not work was that GOLDMAN guys were holding it up for expiration
they made this week clear 1.6 billion
Ben
----- Original Message -----
From: Jim White
Sent: Saturday, September 19, 2009 7:44 AM
Subject: Re: [RT] next week

 

Last week's attempt at a reversal was quickly dissipated on Monday's Near Impulse day as all markets opened at new lows and put in new highs.
Intraday sell offs were usually reversed at the end of the day.
This coming week may be a different story. We again have a Near Impulse day for the DOW, NASDAQ, and Russell on Tuesday and the S&P had one on Friday with a sell signal. Retail sales on Tuesday could be the impulse for a decline.
Last week's performance for the Rhythm Indicator was 14 out of 18 long trades profitable and 16 of 21 short trades profitable.
 
Regards,
Jim White
Pivot Research & Trading Co.
PivotTrader.com
----- Original Message -----
From: Jim White
Sent: Sunday, September 13, 2009 5:26 AM
Subject: [RT] next week

 

The equity markets have experienced a strong bullish move during the last five days, however they are all nearing conditions for a correction.
Monday is a Near Impulse day for all major indexes and they are all flashing trend change warning signals. We are not quite there but I suspect action on Monday or Tuesday will produce sell signals and the decline will begin. How far will they fall? - no one knows but traders should find more opportunities on the short side.
Overall, the markets appear healthy so I expect it will take a major bearish impulse or a series of lesser bearish events to precipitate a major decline.
 
Jim White
Pivot Research & Trading Co.
PivotTrader.com
 



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