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Fascinating posts Walt!!
I don't pretend to undestand it all. I don't pretend to have all the
answers myself. Heck, I don't even pretend to know the right questions!!
WHERE AM I ANYWAY :)
All joking aside, Walt your analysis dovetails with my own analysis which
both insprires me and scares the *(&*(&*(&^%% out of me at the same time
because it seems too obvious.
I use Natue's Pulse in conjunction with counting Elliot wave strucutures
(daily and 5-min charts).
My current favored Elliot count has the s&p in a wave 'C' of wave 2
retracement off the highs. 09/18/97 was the top of wave C of 2 which i
had no idea how far it would retrace but that's where i used Natue's Pulse.
With it i had pegged 09/18 as a turn date and sold the market at various
levels between 954 and 958 that day (time of day based on multiple Astro
midpoint alignments (susbscriber service)).
For me this was a low-risk well-defined entry point which is the best a
trader can do.
For your (all you RT'ers) analysis. Here all my following short term
turning point days using Nature's pulse on the s&p 500 using 10% swings
(PHI1 multiplier) with data back to 1974. This particular set-up yielded
very good fits with market turns over the last 18 months or so.
09/25, 10/3, 10/7 10/3 is also an astro date by the way
Norman,
Haven't heard from you forcasting wise recently on s&p. Seems we're
entering a very important period for the market right now. What you
thinking??
Good trading to all,
Stuart
At 04:12 PM 9/21/97 -0400, you wrote:
>Dec SP500 - The SP500 Bull has moved too far. Within 3 days, the SP wil
>fold, losing 20 points. After the SP trades at 948-950, The Dragons will
>wake up, and decide the final outcome. If the SP closes and holds below
>940, the back of the longterm bull is broken, and the Dragons will
>move to 920.
>
>US TBOND - This market seems quicker thatn the SP and may provide
>valuable advance information for the fate of the SP over the next few
>trading days. Within 3 days, Bonds lose 2 points. Consider Selling
>115 and taking profit at 113-15. If the Market breaks and holds at
>112, then the Dragons will move, and it will be likely that we have
>a new baby bear on our hands.
>
>US Dollar Index - The Back of the bull dollar has already broken,
>confirming our hypothesis of the weak bond and stocks. Unless
>Drogons consider Bonds a good hedge against the weak dollar (And
>Dragons don't seem to be thinking like this right now), this will
>hurt the bonds. Unless we pull a rogue Dragon, The Dollar will have
>a hard time making it abov 99.
>
>Dec J Yen - Look for immediate improvement in the price
>of the Yen. This will confirm the lack of confidence the
>Dragons have in bonds and stocks.
>
>
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