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How about pattern, price and time? Problem with some of these markets e.g.
US equities is figuring out what the pattern is and without a clear idea of
pattern it's hard to figure out if the market is primed for more upward
thrust, correction, or failure. Given the lack of convincing pattern
evidence, one might reasonably conclude that a) the trend remains up until
it tells us otherwise and b) the market is at very dangerous valuation
levels. Dynamic Trader is indicating a confluence of time around May 6+- in
both equity and bond markets.
Earl
-----Original Message-----
From: swp <swp@xxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Friday, April 30, 1999 11:28 PM
Subject: Re: TURN DATES---ASTRO DATES--- MAY 4-6
>Ira -
>
>Last I heard, it is time and price, right?
>
>Coming up with a date that works out, can add to your confidence. I
>trade and do my analysis solely on price patterns. I am not interested
>in picking a top, just to make money, but that is part of the analysis.
>If we are in the middle of a third wave by my recking, I aint shorting
>it, no matter how many cycles come in on the same day.
>
>Steve
>
>Ira wrote:
>>
>> Everyone is guessing at dates and trying to figure what to do. Time is
just one
>> phase that should be looked at. The only thing that will make you money
is a
>> change in price, not another place in time. It may be time for the
market to come
>> down, but you can lose your A-- trying to figure when and betting on it
with real
>> money. Your system must have other aspects that will give you entry and
exit
>> prices as well as changes in the worlds perception of the market. Until
perception
>> changes, the market will go on its merry way. A break out in the CRB
might chase a
>> few monkeys out of the trees. Have a good week end. Ira.
>>
>> swp wrote:
>>
>> > Chris Carolan had the 4/23-4/29 range. I had 4/23 or May 6th for
stocks.
>> > May 6th is 144 days from the S&P 500 low (trading).
>> >
>> > Steve Poser
>> > --
>> > Steven W. Poser, President
>> > Poser Global Market Strategies Inc.
>> > http://www.poserglobal.com
>> >
>> > BLL495@xxxxxxx wrote:
>> > >
>> > > RT's
>> > >
>> > > I have several things coming together in the charts for the financial
markets
>> > > next week. Does any one have fib dates, crossover points, astro
dates, etc.
>> > > for this time frame? There seem to be more than usual. I have not
had
>> > > time to research it fully but I plan to do so this weekend. I was
curious if
>> > > any one else had more signals than usual for this time frame.
>
>--
>Steven W. Poser, President
>Poser Global Market Strategies Inc.
>http://www.poserglobal.com
>
>Tel: 201-995-0845
>Fax: 201-995-0846
>Email: swp@xxxxxxxxxxxxxxx
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