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adam -
was just stating the nature of the thread for brevity sakes - nothing more !
- (i) do not pay too much attention to " predictors / predictions "
talking heads & the like -
Prechter still hasn't got it (completely) right.... !
what i do know (learned) - the biggest opps are there if you can read the
big pic 'cause they come when fear is the greatest ' !
fletch
----- Original Message -----
From: Adam Hefner <VonHef@xxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Tuesday, March 02, 1999 10:27 PM
Subject: Re: PITBULL crash index
>Hi Fletch,
> I noticed what he had written about the "moon and other phases".....but
the
>site I listed
>didn't have anything to do with "astrology" but seemed to be more what I
>call "Technical"
>in nature. Here is a quote from the page:
>
> "The Pitbull Crash Index (PCI) is a warning indicator developed by Henry
>Ford in 1987 prior to the crash and is based on an algebraic summation of
>the number of NYSE new lows and whether or not the NYSE has been advancing
>or declining over the previous 5 days. This is a very effective monitor of
>market internals that can show situations setting up that should raise the
>investor's awareness and allow them to take some precautionary actions
until
>the all-clear is sounded. It is published daily for subscribers and
>disseminated on a once a week basis to over 60,000 investors. It was back
>tested over 25 years of data, starting in 1960, and since 1980 has signaled
>11 times and been WRONG 6 TIMES....The last time it signaled was July 24,
>1998 and it was right. The previous signal was July of 1994 and it was
>WRONG! "
>
> I am not making a promotion for this page, nor am I claiming that this is
>correct....I just found this
>interesting and wanted to pass it along.
>
> Best wishes,
> Adam Hefner.
>VonHef@xxxxxxxxxxxxx
>
>---------------------------------------
>-----Original Message-----
>From: fletch <fletchmo@xxxxxxxx>
>To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
>Date: Tuesday, March 02, 1999 9:01 PM
>Subject: Re: PITBULL crash index
>
>
>>understand your pt - adam ! at least a "portion" of it !
>>
>>- but........ this fellow was having a wee little problem with his dates "
>>which " ...was the crux of the the thread !
>>
>>Terry S. Smith wrote:
>>
>> FUTR-CRASHThe pitbull investor is indicating a -10 (the highest
negative
>>reading) predicting a crash in the next two weeks. This coincided with the
>>full moon cycle. The last -10 reading was on July 24, 1998. Check out
>>www.wwfn.com/crashupdate.html for more information. Happy Trading.
>>Terry,
>> "Phase the facts!" <G> July 23, 1998 was a New Moon, hence no Full
>>Moon on July 24.
>>This morning, Tuesday, March 2, there was a Full Moon. Next New Moon is
>>March 17.
>>Waningly,
>>Norman
>>
>>
>>
>> fletch
>>
>>
>>----- Original Message -----
>>From: Adam Hefner <VonHef@xxxxxxxxxxxxx>
>>To: MetaStock <metastock@xxxxxxxxxxxxx>
>>Sent: Tuesday, March 02, 1999 7:47 PM
>>Subject: PITBULL crash index
>>
>>
>>>I noticed this web page posted on the "RealTraders" usergroup this
>morning:
>>>http://wwfn.com/commentary/pcisignals.html
>>>
>>>I trade mostly commodities...but you stock traders might be interested in
>>>this.
>>>Seems they watch for new lows on the NYSE to predict market crashes.
>>>
>>> Best wishes,
>>> Adam Hefner.
>>>VonHef@xxxxxxxxxxxxx
>>>
>>>---------------------------------------
>>>
>>>
>>>
>>>
>>
>
>
>
>
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