John,
Congrats on CNXT, SDLI, etc....you seemed to have jumped onto some nice winners. Don't ride too long if you're trading. I'm sure you've seen GZ's comments.
To: Gary J. Goetz who wrote (43220)
From: GROUND ZERO Thursday, Aug 26 1999 10:04PM ET
Reply # of 43221
1230 is a measured move derived from the most recent trading fork..... we don't have to get there and it doesn't have to take 25 trading days, but if we're at 1230 in 25 trading days, I'll be buying like there's no tomorrow.....
GZ
To: Gary J. Goetz who wrote (43218)
From: GROUND ZERO Thursday, Aug 26 1999 9:39PM ET
Reply # of 43221
Gary,
Thank you... I use recognition of daily chart patterns and the andrew's pitchfork... today was the most likely time for a turning point... if we do see a sell off, we could test the 1230 level in the SP cash in about 25 trading days.....
GZ
To: Chip McVickar who wrote (31783)
From: GROUND ZERO Thursday, Aug 26 1999 9:35PM ET
Reply # of 31790
July high and August low from the most recent low in June..... if we topped here, then we can look for a target of about 1215-1230 in about 25 market days... I just got a private message from another poster here who also read this fork exactly correct..... this sell off, if it happens, may be nasty.....
GZ
and here's the best...i love this one.
To: William H Hueb who wrote (43214)
From: GROUND ZERO Thursday, Aug 26 1999 9:14PM ET
Reply # of 43221
I closed out all my long positions today for about a 50 point profit for each contract and went short the SP's... the markets aren't going to give you a clear signal on a silver platter.. you've got to step up to the plate and take a swing at that ball.....
GZ
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