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Clyde...
For what it's worth, using S&P daily data from Jan '89 SM is showing me
only one projection. It has tomorrow(Mon) as the turning point day with
prices moving up from there to a high in several days similar to your
dow projections. I like to give the more recent past(last few years) the
edge in pattern recognition techniques. I would have posted the chart
but had colors "invert" in the conversion to windows.
Regards... John
Clyde Lee wrote:
>
> Please remember that all the SwingMachine is is a replay
> of history (actually all other methods of projecting
> time and price points are nothing more than a set of
> rules derived from obsreving history).
>
> The attached .gif shows 20 swing projections any one
> of which could happen over the next few days.
>
> Interesting that ONLY 2 OF THESE SWING PROJECTIONS show
> a price lower than the low of today and even at that
> the projected lows are not significantly lower.
>
> However, only 2 of the 20 project that the turning
> point was today. A majority point to a turning some
> time next week.
>
> Me, I'm probably going to be a believer about the
> level and wait to see a little upside action before
> I jump back on for a "short long" ride.
>
> Clyde
>
> --
> - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
> Clyde Lee Chairman/CEO (Home of SwingMachine)
> SYTECH Corporation email: <clydelee@xxxxxxx>
> 7910 Westglen, Suite 105 Work: (713) 783-9540
> Houston, TX 77063 Fax: (713) 783-1092
> - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
>
> ---------------------------------------------------------------
> [Image]
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