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To: AllansAlias who wrote (17377)10/21/2001 9:06:09 PM
From: Shack  Respond to of 209892
 
I wonder about that too but the $$ values seem so much more insignificant on that DOW contract. If I read it right the DOW futures are the DJI x $10, while the S&P is the SPX x $250.

Does that mean one contract on the DOW is worth about $92,000 and one on the SPX is worth about $268,000? Seems like the 40K they are short on the SPX more than make up for their 15K long on the DOW.

Although I agree that this is a fly in the bear ointment.



To: AllansAlias who wrote (17377)10/21/2001 9:14:03 PM
From: John Madarasz  Read Replies (1) | Respond to of 209892
 
last time they were this long,(oct 99 double top), and large specs were this opposite, the dow moved 2000 points.

cairns.net.au

notice how wrong they were last May however...



To: AllansAlias who wrote (17377)10/21/2001 9:40:38 PM
From: Terry Maloney  Respond to of 209892
 
Seems they're betting on Al's magic money trick working once again.

Who knows, maybe it will, given that every known force in the universe is trying to ensure the same outcome ...



To: AllansAlias who wrote (17377)10/21/2001 10:07:36 PM
From: Chip McVickar  Respond to of 209892
 
AA,

The October issue of Futures Magazine has an interesting article called "The Elliot-Fibonacci Connection"... page 52
by Rudy Teseo.

Connected with the article is a free excel spread sheet:
"This spreadsheet automatically performs the retracement calculations described in the article."..., both price and time.

Here's the Link..., it's the very first box.
futuresmag.com

The SS is only set up for down markets, perhaps someone can make one up to calculate up market wave structures.

Chip