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gary bodnar wrote:
> Hi all
>
> Anybody seen a segment on Unsolved Mysteries hosted by Robert Stack yesterday??
> In this segment, they were discussing about astrology investing... and the astrologer pegged May 5th as an important day in investment world..
>
> comments??
NW: My preliminary forecast, subject to change when I do the work for the May Astro-Trend letter,
is for an important high for the US Stock Market to occur the first few days of May. This high should
be the high for the first half of 1999 if not also for the entire year. My technical - Fibonacci projections say to look for SPX 1355 area and DJIA circa 10,609 as important resistance.
Now, the important question is, what's the stock market gonna do between 10:00 - 10:02 AM on Monday. Gotta help those day traders get their fix! <G> Actually, there should be a good intra-day change in trend on Mon., April 5, near 11:34 AM EDT. The most likely scenario is for a low near
about 10:00 - 10:30 then a rally into 11:34 AM led by the computer and high tech stocks..
> Good Trading,
Norman
>
>
> regards
> Gary Bodnar
>
> swp wrote:
>
> > There are even more turning dates ahead. Several cycle types have
> > identified 9-April as well as Parrallax Financial Research's excellent
> > neural net system. I have an Elliott wave based date at 5-April as being
> > possible along with 21-April and 23-April. I prefer the latter dates.
> >
> > --
> > Steven W. Poser, President
> > Poser Global Market Strategies Inc.
> > http://www.poserglobal.com
> >
> > "Steven C. Walker" wrote:
> > >
> > > Jim White,
> > >
> > > I thot I would touch base since it has been sometime since we communicated. Using the method described earlier ( see below), my next possible date for a stock market turning point is April 12, 1999. Interestingly, this month's issue of STOCKS AND COMMODITIES contains an article by William Erman. His article outlines his method of using compound pivots and identifies this same date. Based on your earlier email, you have targeted April 16, 1999. Using different methods, there is a cluster of forecasts for this time period.
> > >
> > > Should be interesting!
> > > Steve
> > >
> > > My method - start with the low day of an a-b-c correction and create a Cardinal Square of trading days. Then match the CS to the first turning point high or low and use the rule of alternation to identify Primary Dates. Other traditional CS dates are Secondary Dates. Using this method and the a-b-c of 9/1/98,9/24/98 and 10/8/98 I arrive at the following..
> > >
> > > Primary: 10/28, 11/9, 11/24, 12/11, 1/5, 1/28, 2/25, 3/25
> > > Secondary: 11/3, 11/16, 12/3, 12/22, 1/15, 2/10, 3/11, 4/12
> > >
> > >
> >
> > --
> > Steven W. Poser, President
> > Poser Global Market Strategies Inc.
> > http://www.poserglobal.com
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