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<DIV><FONT size=2>I will appreciate the definition of nasdaq 10</FONT></DIV>
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<DIV>best regards</DIV></BODY></HTML>
</x-html>From ???@??? Mon Apr 12 07:18:37 1999
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Date: Mon, 12 Apr 1999 04:29:02 -0500
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From: "Steven C. Walker" <Steve@xxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: Globex Nasdaq / S&P Sell-off
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John,
Check out my post from April 3 below.
> 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
>
>
>
>>> John Cappello <jvc689@xxxxxxx> 04/11/99 06:08PM >>>
To List:
Any ideas on the timing of this sell-off now underway.Nasdaq down
50; S&P down 25.
John
!
!
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