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Futures Turning Point
for the fortunate 42
The signal to get in
FUTURES TURNING POINT #151 - 5 February 2001
Dear FTP Trader
This has been such a long wait it is difficult to believe it
is at last happening, but there is corroboration from the
US and Japan and our index heavy weights that the cycle
signature for the period 31 Jan and 5th Feb is a top - now
the main debate is whether this is the top of a minor 3rd
wave with a -4- down to the 8300's or 8400's coming or is it the
top of the 4th we have been waiting for since 12th December
? I think the latter with
the shorts target 7850
or 7400's corroborating at 8525 and
8355 - one doesn't want to wait for corroboration though
- because the three day trend has turned - three day balance
point at 8810 and 1 day balance point at 8771 today - so
look to get short 8600 - 8690 now
8620 - we shorted 20 this morning at 8625 average. and
the stop can be at above 8700 resistance or a surprise push on
S&P future above 136900
Along the way there were ... more emails confirming that the
marketing was going lower. This is what a client emailed
us on the 2 April.
From: G & A
To: Victor Hugo
Sent: Monday, April 02, 2001 4:07 PM
Subject: Indi- GREAT CALL
Hello Victor,
You wise ol' cat,you!!! Your FTP # 171: "don't be
surprised at one more probe of the lows through to 6840."
Congratulations at one of the best calls, spot
on! (again!)
regards,
Mr S G....
Here are the figures on the trade.
| 8690 |
Get into the trade |
| 6830 |
Get out and the still market
went even lower |
| 1860 |
1860 points profit - each
point is R10 per contract. Margin is around R6000
per contract.
So the profit was R55800 for 3
contracts. |
So what do you get from us.
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Only 42 people receive these valuable signals by email.
The signals are sent to you by email directly from Victor.
In between weekly emails, if Victor sees a useful set up to
trade - or something that changes the weekly advice - you'll get
another FTP (Futures Turning Point).
You may be wondering why only 42 people are able to be part
of this group. The idea is to keep the club small so that
the members get something unique. The signals are for the
near month INDI's, and ALSI's. The information includes
our usual formula of critical ranges (cheap or expensive),
comments on trend, targets and risk with strategy where and when
to buy and sell.
We usually have a waiting list for clients who would like to
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we'll put your name on the list to be the next to
join.
"Doing the analysis is part of the
discipline for planning a trade" -- Victor
Hugo
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