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RE: [RT] sp500



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Hope you are right

I stayed long over week end expecting a higher hi

My stop is at 1051

And going up 1 point  per hour

ben

 


From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of Terry Rhodes
Sent: Sunday, October 11, 2009 12:56 AM
To: realtraders@xxxxxxxxxxxxxxx
Subject: RE: [RT] sp500

 

 

There have been a couple notable bearish predictions to this group lately. Normally, I'd ignore these and go with the flow. But my tape watching over the past week implies the market is headed quickly higher. Theoretically when earnings start rolling in next week. So much so that these have bugged me for a couple days. The only fly in this ointment is that volume has been so low. Which reminds us of the saying, "Never short a dull market".

 

If I were a longer term trader I'd position myself for a bump with a stop at dow 9672.

 

If I were a day trader I'd believe the beginning of any energetic move has legs.

 

regards,

 

tbr

 


From: realtraders@yahoogroups.com [mailto:realtraders@yahoogroups.com] On Behalf Of Ben
Sent: Friday, October 09, 2009 9:28 PM
To: realtraders@yahoogroups.com
Cc: astrofin@xxxxxxxxxxs.com
Subject: [RT] sp500

Attach we are re visiting the Market barometer

Notice 5 days ago it made a higher hi then 9/28,

(Which resulted today a new closing higher hi?)

Now for 4 days prices are going higher WITHOUT the barometer confirming

This will result a NICE   decline

Have a great week end

Ben

profitok@xxxxxxxxxxnet

P, s

Coming soon

http://www.timing4commodities.com/



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