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Interesting Ernie,
And that's why I couldn't sleep this morning, I suddenly came to think,
that perhaps Bonds will not lead the way this time..
In my last post, I indicated that Bonds should go up and stocks down. and
that didn't make sense.
But what if Stocks start to nose dive next week which would cause the Fed
to lower rates to support stocks? Then the glove fits?
Because my EW counts suggest a rather dramatic rise in bills, if we should
entering Wave 3 of 3, where we see the most dramatic actions (in this case,
rise) .
In .gif elliot, we see the wave count with an interesting/significant time
relationship in Trading days. Suggesting T/C this week(end?)
In .gif p1, we see how time and price comes together in Calendar days
(suggesting T/C this week(end?)
For a small account this is a perfect trade.
Entering at 95.15 (if possible) just above Thursdays close 95,145 and a
stoploss at 95.13, just below support and falling wedge you risk $50+comm.
Regards
Stig
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> Fra: Ernie P. Quigley <Cycles@xxxxxxxxxxxxx>
> Til: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Emne: FW:Long Term Bull Market
> Dato: Saturday, April 11, 1998 5:47 AM
>
> There is a 30 year cycle measured from the high of december 2, 1968 that
> reaches a peak April 20, 1998.
>
> There are two seperate 15 year cycles measured from the low of August 7,
> 1982 that reach a peak April 20, 1998.
>
> There is a 42 month cycle that reaches a peak on April 20, 1998.
>
> There is a 61 year cycle measured from the March 1937 high that reaches
> a peak in April 1998.
>
> Its over folks. The SEC just changed the circuit breakers in time to
> assist in the crash.
>
> Ernie
> cycles@xxxxxxxxxxxxx
Attachment Converted: "c:\eudora\attach\p1.gif"
Attachment Converted: "c:\eudora\attach\elliot.gif"
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