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The MIT Trading Symposium 3/5/03


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Well - we got some bounce - all well within historical patterns - I look for some minor follow-through/flat over the rest of the day -

 

 

 

projecting

+.15pts per hour for 10 hours in yellow

+0 in white

-.15 in yellow

on HOURLY SPY data:

 

my ST chart

image007.gif

 

 

and my IT Attractor

image008.gif

 

For those unfamiliar with my charts, an explanation can be found here. It focuses on daily data but is applicable to hourly by substituting hours for days in the trends, moving averages, lookback periods, slopes, etc

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I don't normally analyse or trade the Jokes (too manipulated for my taste), but take a look at what I just noticed.

 

Regards,

Vesselin

Vesselin - That's a daily chart, correct me if I'm wrong, but the day isn't over yet so that bullish doji just may change into something else by close.

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