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Re: Big move on June 8th???



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Guy Tan wrote:

> << Chuck,
>
>  Did I miss a forecast somewhere?
>   >>
>

LeBeau wrote:e

> ....the Rebecca Nolans astrological prediction about some major event in the
> stock market that was destined to occur on June 8........

The fibonacci guys were all over that date as well.  Both those who use the Gann
number sequence and those who use fib extensions from previous turning points.
It is interesting to note that despite the lack of fireworks, it is clearly the
day that we will look back to as splitting the bulls and bears most clearly in
this short term trend.   This June 8,9 period is either the end of a short term
continuation pattern suggesting a breakout to the next rally high, or the point
from which the market failed to spur follow through on its recent explosive
advance and began to drip off the back end and downward.   We should know the
answer by early next week.

Scheier




> Perhaps this discussion was on the Omega list or the Real
> Traders list that I also monitor in the same mailbox as MetaStock.
>
> Sorry if I confused you.  The bottom line is that it was a typical
> astrological nonevent that we will never hear about again because it was so
> far off base.  Had she been right I'm sure we would be hearing about it
> forever.
>
> Chuck LeBeau
> traderclub.com