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OK, here is where technicals and fundamentals part company and moneyflow
will rule. Thursday night the UC payroll indicator will trip dumping
megabucks into pension plans across the country via electronic deposits.
Thursday has a history of being unkind, but this Thursday is not likely to
be party to that history, nor is Friday. These two days could very well be
the strongest of the month. An energy point can also be an acceleration!
PS, no .gifs this time
BobR
At 11:40 PM 1/28/98 EST, RL2946 wrote:
> Realtraders,
>
> Nature's Pulse Automode projects an energy
>point (change in trend) for saturday, 1/31/98.
>And, using the "D" dyamic cycle with the golden
>section multiplier, a high bar for 1/29/98.
> A 38% retracement of the move up from the
>low of 1/23/98 (if the high of 1/28 holds here)
>gives a price projection of 967.57 cash sp.
> End of week Automode's last projection
>was for the week ending 1/17/98, and appears
>to have formed a significant mid term bottom.
> If price falls into this coming weekend, and
>the time projections work as advertised, a
>significant bull move should follow.
> This may be corroborative to John Boggio's
>analysis.
>
> Humbly,
>
> Rory Lewellen RL2946@xxxxxxx
>
>
>From: "G.John Boggio" <boggio@xxxxxxxxx>
>
>Realtraders,
>
> Earlier today I posted the below message. It is now 3:15 est and the
>market has now rallied 10 S&P points or 93 Dow points and is now hitting
>the below mentioned downward trendline. On my 15 min charts, I am
>'beginning' to get some negative divergent sell signals suggesting a very
>short-term pullback is possible in the next several hours.
>
> Further, based on my symmetry wave method of analysis, our pullback could
>measure approximately 8.70 S&P points +/- 1.75 pts or a pullback of 6.95 -
>10.45 points from "todays" high which is 978.63 (so far). However, if we
>move marginally higher than this level, just use that new high as your top
>and recalculate the projected symmetrical decline.
>
> Finally, on the 15 min futures chart, I see a smaller symmetrical wave
>structure which measures approx 700 basis points so we should also pay
>attention to this magnitude as well.
>
>Hope this helps
>John Boggio
>PS. BTW, this MOTW (Market of the Week) stuff was created so that we can
>get GREATER participation from our members. So far, there have only been a
>few responses...what's the deal??? Would everyone rather talk about
>Clinton and someone else's system or should we discuss TRADING AND
>TECHNICAL ANALYSIS!!! In my opinion, the primary reason why this forum was
>created.
>
>Let's get back on track!!! Do others agree???
>
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