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Traders,
I finally got a decent set of data for SP-500 going back to 1978 which
if sufficient for most SwingMachine analyses.
Currently we are 4 days past the bottom of a 71 pattern set. The most
recent 71 pattern set prior to this (4 days after the bottom) was on
December 24, 1997.
The top picture of the attached file shows that we should ABSOLUTELY
have a turn by day after tomorrow. For the prior pattern the turn
actually came late by one day from the ABSOLUTELY last day for
a turn.
The top could already be in -- time and price fit perfectly with one of the
SM projections -- or it could be 2 (or maybe 3) days away. However,
you can be sure the top is coming.
Clyde Lee
> >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
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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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Attachment Converted: "c:\eudora\attach\Spda0129.gif"
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