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Mike and Ned,
Here is how it works ...the newton signal calls a turn and
direction. Then the market is expected to behave in a specific manner. The
theory is that it will do one of 3 or 4 things...below are 2 of them.
1) The market goes up wildly by closing beyond a certain line. Then the market
goes up for a long run....the market has not done that yet
2) The market goes to a certain line after making a specific pattern and
turns....Then it is south we go here.
Will prices go down next week? ...perhaps...to new lows? probably not.
Regards
Mitch
owner-realtraders@xxxxxxxxxxxxxx wrote:
> I don't think the song is over yet. Let's follow it into next week.
>
> Ned Markson
> cnedgo@xxxxxxxxx
> http://www.erols.com/cnedgo
>
> Michael Mangiafico wrote:
> >
> > The post on 10/9 says they had a Newton + buy signal which would test the
lows and if the lows "hold" then up we
> > go. We never tested, this suprised a lot of people.
> >
> > It was a good call, but the call doesn't match what took place. I am not
trying to cause an argument, believe
> > me. I look for good sites that provide insight. I went long 10/12 after
my ST indicators turned positive, I
> > don't try to pick lows. Anything that can help I look for. Am I reading
the site wrong????
> >
> > MM
> >
> > mitch ryder wrote:
> >
> > > Below is the post from 10/12
> > >
> > > I didn't tell you so but I told you who does...
> > >
> > > They called it again........
> > >
> > > owner-realtraders@xxxxxxxxxxxxxx wrote:
> > > > According to Ron Jaenisch and the info he provides at
> > >
> > > > http://www.bemore.com/newtonin.htm
> > >
> > > >
> > >
> > > > The S&P made an important bottom last week. His posts to that site
have been
> > >
> > > > very accurate on finding market turns with the Andrews Techniques.
> > >
> > > >
> > >
> > > > Regards
> > >
> > > > Mitch Ryder
> > >
> > > >
> > >
> > > >
> > >
> > > >
> > >
> > > > Mitch Ryder
> > >
> > > > Ynos@xxxxxxxxxxxx
> > >
> > > >
> > >
> > > > ____________________________________________________________________
> > >
> > > > More than just email--Get your FREE Netscape WebMail account today at
> > > http://home.netscape.com/netcenter/mail
> > >
> > > Mitch Ryder
> > > Ynos@xxxxxxxxxxxx
> > >
> > > ____________________________________________________________________
> > > More than just email--Get your FREE Netscape WebMail account today at
http://home.netscape.com/netcenter/mail
Mitch Ryder
Ynos@xxxxxxxxxxxx
____________________________________________________________________
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