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Strategies & Market Trends : E-Mini Pit -- Ignore unavailable to you. Want to Upgrade?

To: Dan Duchardt who wrote (4965)	8/1/2002 11:28:07 PM
From: the-phoenix	Read Replies (1) \| Respond to of 11288

Dan: "Were it not so, the mathematicians would have all the money." Gosh, I'm starting to think they do. You guys are making my head spin! "I'd be very interested in any calculation that could have told me within 3 minutes that the NDX low at 10:26 this morning was just the beginning of a minor bounce, while the one at 2:07 yesterday was the beginning of a 20 point rally. " NDX low at ~10:26 this morning: minor support from S1 pivot line at 940. Good for a 5 point bounce, usually. 2:07 yesterday at same price level: first test of 20sma120. Strong support on first test in a pullback. Who needs all the calculus and complex math?

To: Dan Duchardt who wrote (4965)	8/2/2002 9:45:29 AM
From: Nemer	Respond to of 11288

Dan ... you are, of course, absolutely correct in your observation of my incorrect analogy .... I typed in the information without thinking it all the way through. I realized after the edit window had closed on the last message that when I said f/sec per f/sec that, as you pointed out, I had intended to say f/sec per sec in both posts ...... I fleeting thought about typing a corrected post, but discarded the idea, as I knew it would be corrected by someone who understood the difference, and I didn't want to drag out another can of worms which is really what is inside Pandora's Box .... hehehehehe I'll go back to the time frame you mentioned on the NQ later this weekend and take a look ... unfortunately, one of the many weaknesses of QC is the inability to page back on more than one chart at at time ... or at least I know of no way to do it other than a hand rewind for all the charts individually.... Again, thanks for pointing out the glaring error ... age and senility have taken their toll, and even AT BEST, "consistency of units" is a hard reach for a dummy like me ...... ggggggg