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Jim.... maybe this is why some call them "energy" days rather than "turning points"!!! Hope you had a stop.
Steve
>>> "Jim White" <jwhite43@xxxxxxx> 04/12 12:41 AM >>>
Great call Steve. My recent work also confirmed-- I got heavy short on
Friday. Let's enjoy the fruit of our labor.
Jim
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> From: Steven C. Walker <Steve@xxxxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: Re: Globex Nasdaq / S&P Sell-off
> Date: Monday, April 12, 1999 2:29 AM
>
> 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
> >
> >
> >
>
>
>
>
>
>
>
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>
>
>
>
>
>
> >>> 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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