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Strategies & Market Trends : KEEP IT SIMPLE TRADING -- Ignore unavailable to you. Want to Upgrade?

To: ALTERN8 who wrote (53)	7/25/2003 3:24:23 PM
From: Oral Roberts	Read Replies (1) \| Respond to of 321

As of this moment the SPX is up $2.57 for the week. Why would you make that statement?

To: ALTERN8 who wrote (53)	7/25/2003 3:52:25 PM
From: Michael Watkins	Respond to of 321

When price is stuck in one of these big intraday ranges I personally feel it pointless to call direction - in that time frame. Just after lunch I posted elsewhere some musings that the diabolical outcome might in fact be up; the daily chart isn't all that bad after all. Despite a down close yesterday, clearly price was able to achieve a higher high. trendvue.com And so the day progressed... trendvue.com Agree with the other poster - this morning the futures were extended in the shorter intraday timeframes and it was time to drop shorts and look for a surprise. But the Bottom Line: price is still ina fairly tight intraday range crafted over a number of days. Anything could happen next week.

To: ALTERN8 who wrote (53)	7/27/2003 11:43:47 PM
From: mistermj	Respond to of 321

>>"Looks like our short of the SP500 is in good shape." Guess not.<< Thats not really true ALTERN8 but I apologize for the confusion.The EOD signal I was waiting for Friday is UNRELATED to the open trade in the "KEEP IT SIMPLE SYSTEM" The KEEP IT SIMPLE SYSTEM is still short and the signal did not weaken much on Friday...thus its still in good shape...not great,but good. The rare signal I was anticipating EOD Friday did not materialize...but it still could this week.Hope this clears things up.