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Fw: Your observation on M-2



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What 8 stocks control the entire U.S. S&P 500 Cash Index ?

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> From: tmurrey <tmurrey@xxxxxxxxxxx>
> To: metastock-list@xxxxxxxxxxxxx
> Subject: Fw: Your observation on M-2
> Date: Sunday, August 31, 1997 9:51 AM
> 
> You want to know the 8 stocks that control the entire U.S. trading
> markets every day, well I shall tell you the same thing I tell my 8th
> 
> grade students in Murrrey Math: there are 8 "bullies" who run every
> 
> school (so know them, watch them and where ever they go as a group
> everyone else will have to follow:Program sells will kick in when these
> 
> 8 stocks sell off 1/2 point each in the same direction because they 
> represent 37.5 percent of the top 100 companies in the U.S. which
> means that the bottom 75.% percent would have to go up to offset
> 
> a sell program from the top (8), which we all know that all "weak
sisters"
> always follow the crowd and get sold off faster in a down market, we
> 
> would expect an acceleration of a sell program as soon as the "rookies"
> see the 1st wave of selling come in because they just play "follow the 
> leader" and do what the big (8) decide they want to do (pure and simple).
> 
> You don't ever have to listen to the T.V. or any broker about the number
> of blocks of shares traded on any market or any stock (remember the 
> largest block share trader just shut their "dummy dooors" and quietly
> 
> went over Bunker Hill and retreated out in the western suburbs of Boston
> trying to rekindle the signal to "war" (trade) (buy or sell) against "one
> if
> by light" and two if by sea," from Ben Franklin of Marblehead.
> 
> Please review this chart of this past Friday's slow market trading action
> and then go back and rewind the tape of the 1st 30 minutes of trading
> 
> and you shall that the top (8) had all fallen early on and I.B.M. was
down
> minus -2.1/2 points (which was worth almost 20 points on the Dow), so
> if I.B.M. wouldn't revcover we would play short up spurts and go short
> 
> again every time this trading day went up + 3/8ths or more than + 5/8ths.
> 
> If you use the Universal Murrrey Math Musical Scale of the Average Life
of
> Man (since the Flood of Noah to be set to a low "C" Saxaphone at 437.50
> 
> cycles of vibration per second and we double it because all sounds double
> and change tones as they get higher in resonnating pitch) so we set
> 
> our Murrey Math Base Line at 875. (437.50 x 2) (for 7th graders) because 
> all sound looks like two 7th grade girls twirling two jump ropes in
> opposite
> 
> directions at at the top and the bottom the lines cross and reverse in 
> opposite directions to go back down into their Octave of support and
> resistance,
> 
> but one of my 8th grade students "observed from logic" in this case just
> looking at the chart I sent to him that this market looked like it was
> twirlling
> 
> from its waist of 875. (all 7th grade girls hold jump ropes at their
waist)
> and
> spin them to form an Octave of music, so then we must set our 8/8 ths
> inside
> 
> the jump rope's spinning Octave at 875. (which is really the key of "B"
> which
> has only 5 sharps, which is the most volatile note to play in (mozart and
> Bethoven both played in these keys often and both of them were strong
> Masons
> 
> and ther Catholic Church did not like music played off 437.50 cycles per
> second
> (but the Earth was spinning faster then so a slower pitch would inversely
> sound
> more melodic, but now since the earth is slowing down (this is why the
ice
> is
> 
> breaking off from the south pole not global warming all of that
> environmental b.s.
> is paid for by democrates to ilude the fact that Vice President Gore's
> state of
> 
> Tennessee is the fourth major pollution "spitter" in the U.S. and
> Tennessee's
> largest employer is the biggest "sneezer" of carbon particles into the
air,
> but you
> 
> would never have any living politician tell its "dumb" americans (only
38.%
> from
> chicago high schools graduate with enough book learning to do any more
than
> 
> to count their money (no person who works all day for money is so "dumb"
> that
> they can't count to 100 and if you can divide 8 into 100 you can an
expert
> in
> 
> Murrey Math in 20 trading days), so we must use a "baby jump rope"
because
> today shall be a short trading day because the markets close early.
> 
> One of my 8th grade students ask me: "if there aren't as many traders
there
> 
> today, wouldn't it stand to reason that your trading system wouldn't work
> as
> 
> well because of less volatility?"
> 
> You go to church or to a BALL game and the preacher and the players are
> there
> for the same reason to win (not to play a game) so numbers of players
just
> 
> increases the number of losers attending (smart traders made a lot of
> profits
> last friday shorting I.B.M. on the open and they could have spent the
extra
> cash
> 
> on their families plus they could get out of the city faster because
> everyone else
> was not there to get in the way (as usual) because you have a crowd in a
> room
> 
> with a lot of money in their pockets doesn't prove that they have brains
> (under
> pressure) to control their emotions under fire (just go to any gambling
> house and
> watch rich "jerts" lose faster than dirty "poor jerks" so we would expect
> our lines
> 
> inside our jump rope to have the 50.% lines set at 875. and to have 4
> (1/8th) lines
> above this line and 4 (1/8th) lines below 875. and we would have our 8/8
> ths
> Octave of trading against a jump rope set off a saxaphone set against
> double the
> life span of man since the "flood." 
> 
> I shall help all of the 8th grade students by telling thme that each 18th
> line shall
> = 1.953125 (third internal Octave as noted by P.D. Ospensky in Moscow in
> 1914)
> 
> to set our musical speed of support and resistance for this Friday's
> Market.
> 
> You need no history to trade any market (please look at my horizontal
lines
> as
> you draw them across your chart and you shall see that all that Gann lied
> to you
> 
> about he already knew was exactly pre set of music and there is no
> subjective
> high or low or that you have to go back 100 years to see the past to
trade,
> the only
> 
> traders in any trade are the intra-day traders and the rest of you are
> sitting in the
> stands because you are QUALIFIED with the right trading system to back up
> the
> 
> "guts" to enter a trade and then know when you are going to sell before
it
> gets
> there because of pre set lines inside an Octave of two jump ropes, so
that
> you
> 
> get a good "fill" by entering your exit order as soon as you place your
buy
> order
> (remember 8th grade boys are so "dumb" that they will wait until the last
> dance
> 
> to ask a girl to dance and they are already filled up with dance card
> orders to fill
> from other less sttuborn boys looking for the perfect girl that all they
> get is a
> "smile and a hand shake and a wish and a promise" and they don't get
their
> 
> request filled so they have to back down to a less perfect girl just to
get
> a dance.
> 
> Men don't even know the meaning of buy low and sell high.
> 
> But if you looked at our list of the BIG 8 that run this entire S&P 500
and
> OEX 100
> 
> you shall see that all of this real simple if your boss or teacher had
> wanted you to
> know what is really happening (87.5% of all "traders" just want to say
they
> belong)
> 
> they don't have the guts to get in there and risk losing because if you
> won't sell
> with a short proift when its going up you will always hold a loser longer
> when its down.
> 
> I hope these 8 stocks give you more insight into how simple things are
when
> you 
> see them from pure Murrey Math and Music.
> 
> have a nice holiday (hope I haven't "waisted" your time.
> 
> T.H.Murrey
> 
> ----------
> > From: JAC115@xxxxxxx
> > To: tmurrey <tmurrey@xxxxxxxxxxx>
> > Subject: Your observation on M-2
> > Date: Saturday, August 30, 1997 7:43 AM
> > 
> > Dear T Murrey
> > 
> > I enjoyed your comments re the current sell off - specifically that 8
> stocks
> > are under significant down pressure. Please advise...which eight stocks
> are
> > you referencing?
> > 
> > Thanks for your reply.
> > 
> > Best Regards,
> > John Cunningham
> > JAC115@xxxxxxx
> >