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To: JRI who wrote (67043)2/21/2003 10:20:50 AM
From: skinowski  Read Replies (1) | Respond to of 209892
 
I mentioned the window a few times, first from EWI, and this morning I noticed that Eldrinil posted about it yesterday:

Message 18609722

In late 2000 and on EWI guys did very well with those Fibo number of days - way before everyone else caught on. Still, they seem to work. The window (with a +1 day) is through Monday close, but today is the last one of the "real" days.



To: JRI who wrote (67043)2/21/2003 11:27:34 AM
From: Perspective  Read Replies (1) | Respond to of 209892
 
I've been watching us cozied up against the 200DSMA on Naz all week long. With us this close, I think we almost have to run across it for a chart-chaser head-fake. I can think of no better time for the market to do it than in the last hour today. Give the chart-chasers all weekend long to see it, on daily bars, weekly bars - get all those chase-the-200DSMA-breach buys in. But notice that no other major index is anywhere close to its 20DSMA. I think the breach would fail quickly.

I'm looking for such a scenario to ditch long-side hedges.

BC