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Before you get tired of my posts I would like to share what I see as a
Tremendous oportunity in MSV.
what caught my eye was the Seasonal Launch day for MSV on 4/30 in
supertraders Almanac. A Seasonal Launch day, is when the selling pressure
from longs going into Final Notice Day, are over. When FND has passed,
according to Frank Taucher, buying pressure starts(Launch). If that
coincides with a seasonl up period we have a "Seasonal Launch Day". Which
usually has more power than a plain Launch Day.
If you look at SMV we have had a continuos Bearmarket from Nov 97. From 230
to 160, without any severe correction.
Last week we had a break out (on rising volume) of a falling wedge with a
retest yesterday, indicating a bottom is in place.
this bottom coincides with the Feb 95 bottom 155,3.
But what is really interesting and I would say amazing, is the tremendous
coincidences of time relations ships we have between almost ALL the
important tops and bottoms since 1978.
these tops and bottoms also show up in a Spiral Calendar study á la
Carolan. Using Nature's Pulse you can dig it all up. However I can't get it
to work in DT. So I'll just show you the same intriguing relations ship
(medium)short term wise.
I can't catch a .gif from my DOS Nature's Pulse into Pain shop Pro. Any
hints?
Once again, we have a Price/Time relationship mixed with some seasonality
and practical reasons that could be rewarding.
OBV also shows buying into the bottom.
Please look at the potential in a retracement compared to the risk.
Regards
Stig
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