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GEN:Directional Turning Points



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Bob, 

I don't know if you went into this because I was offline for a couple of
weeks .

In your OEX MOSS you show the Z Timer as being somewhat bullish just
prior to the October 27th selloff. Is this more of a longer term
indicator for you or (Heaven Forbid) even possibly a trailing indicator?

I'm sorry if you or Ron have already gone into this but I have had some
trouble keeping up lately. 

BTW. If anyone gets a chance to swap their ISP for cable modem access
jump at it. Quotes beat the hell out of FM, Satellite, and data provider
cable modems. Speeds are in the multi-MB/sec range. At $39 a month it
replaces the cost of an ISP as well as a phone line. Also, it's far
faster and much cheaper than ISDN.

DISCLAIMER. I am not affiliated with cable companies, data providers,
phone companies, modem manufacturers, nor have I any stock in any of
these things. I'm just an aging kid who likes fast access.time.

--PJS


bobrabcd wrote:
> 
> High or Low is determined by statistics.  That is the basis of Ron's AMOSS.
> 
> BobR
> 
> At 08:44 PM 12/3/97 -0800, Peter Lim wrote:
> >While the use of Fibonacci, Gann and  Elliot wave techniques allow for one
> >to forecast market turning points, it is intriguing to take it a step
> >further to determine the direction of that turning point.
> >
> >So if a projection is run from a swing high,  what techniques are available
> >to know that the projection is pointing to a swing low and vice versa?
> >
> >The use of dynamic cycle ratios, and time clustering allow for one to know
> >that a high probability of a turning point exists, but how is it possible
> >to determine that the turning point is a low or high ?
> >
> >Regards
> >
> >Peter Lim
> >
> 
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