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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: Andrew who wrote (18420)8/28/2003 10:25:16 AM
From: Louis V. Lambrecht  Read Replies (1) | Respond to of 39344
 
If that "trader's pivot" still works, here are my numbers for the spoo:
1000.23 R2 - met and repelled
997.97 R1
995.23 Pivot
992.97 S1 (Saddam sighted)
990.23 S2 (Saddam in custody) very rarely broken on the SP
Trader's pivots wuz the numbers they got on the pit at day's start.
Whith program trading doing 35 to 40% of the Nyse volume (source WSJ), this reduces the influence of the pits.
Still watching, as ouside R2-S2 most live traders are left without proper strategy and would probably go with the break.

While posting, gold cash made it's 2 digits move, to the downside.