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Folks,
Since I bailed this afternoon I decided I had better
look hard at the DJIA to see what seemed to be
going on there (who doesn't watch the Dow).
I used the data set that goes back to 1901 and out
of it there were 160 similar points in the market.
Five (5) projections based on 32 swings per
projection were made.
Today was the EARLIEST turning point projected.
The next was two days away. Both of these
projected reversals below the indicated trendline.
The other 3 all showed clear breaks of this
trendline.
I'd say we had better be on our toes.
Clyde Lee
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Clyde Lee Chairman/CEO (Home of SwingMacine)
SYTECH Corporation email: <clydelee@xxxxxxx>
7910 Westglen, Suite 105 Work: (713) 783-9540
Houston, TX 77063 Fax: (713) 783-1092
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