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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Stoctrash who wrote (7354)10/28/1998 9:25:00 AM
From: Tom Trader  Read Replies (1) of 44573
 
Fred re >>He doesn't get inversions with his work......but he does have another set of highs in the first few days of Nov. <<

I am glad that you mentioned the thing about inversions because I wondered about it. I think that he uses a window of one to two days either way and so I guess it would be possible for a low to be established by tomorrow or Friday--based on the 28th as the turning point-- and then a rally thereafter to the early part of November. Does he ever offer any price targets or is this not part of his work?

BTW, I was incorrect when I said that the SOX gave a sell signal on my system yesterday -- it did not -- just missed it.

Please let us know what you find out from Carpino after you chat with him.

>>These could be higher highs or lower highs...(I'm betting lower highs,.. just like last week!!!) <<GGGG>><<

So when he talks about another rally to peak in the early part of Nov, it does not mean that it will necessarily be one that will make new highs??

Took me forever to post this -- something about squid not letting me do it --whatever that means.
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