[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Fwd: Stig Olausson Chart #2



PureBytes Links

Trading Reference Links

<x-html><html>
<font size=3>Realtraders,<br>
<br>
&nbsp;&nbsp; Due to technical difficulties, I am forwarding 2 separate
.gif files for Stig Olausson.<br>
<br>
John Boggio<br>
<br>
<br>
&gt;&gt; Earl Adamy wrote: <br>
&gt;&gt; &gt; &quot;however we could go as low as 109&quot;.&nbsp; <br>
&gt;&gt; <br>
&gt;&gt; <br>
&gt;&gt; <br>
&gt;&gt; Earl,<br>
&gt;&gt; &gt; I could agree on that one.<br>
&gt;&gt; &gt; <br>
&gt;&gt; &gt; Looking at the enclosed gifs we can see some coincidences
supporting<br>
&gt;that<br>
&gt;&gt; &gt; view.<br>
&gt;&gt; &gt; <br>
&gt;&gt; &gt; 1 Not only did we break the trendline from oct 94 (which
formed the<br>
&gt;lower<br>
&gt;&gt; &gt; t/l in a rising trend channel.<br>
&gt;<br>
&gt;&gt; &gt; 2 we also broke the 50% support level af the rise fromthat
same date<br>
&gt;<br>
&gt;&gt; &gt; 3. The support level generated by the top from dec 96 has
been broken<br>
&gt;<br>
&gt;&gt; &gt; 4 a regressin line from the bottom oct 1981with
channellines of 1.272%<br>
&gt;&gt; &gt; (square root 1,618 = 1.272) has earlier acted as
support&nbsp;&nbsp;&nbsp; resistance.<br>
&gt;&gt; &gt;&nbsp; The support line crosses the above mentioned trend
line exact at the<br>
&gt;&gt; &gt; brerak, thus another support has been broken.<br>
&gt;<br>
&gt;&gt; &gt; 5 Fib relationships (shown in chart) in time also supports
a bottom the<br>
&gt;&gt; &gt; week june 4 <br>
&gt;<br>
&gt;&gt; &gt; 6 the week ending June 4th was packed with astronomical
aspect and rate<br>
&gt;&gt;&gt;&nbsp; the highest of the year in supertraders almanac
which&nbsp; usually gives an<br>
&gt;85%<br>
&gt;&gt; &gt; chance of trend change.<br>
&gt;&gt; &gt; <br>
&gt;&gt; &gt; In other words we SHOULD have had a trend of change that
week, instead<br>
&gt;we<br>
&gt;&gt; &gt; broke all support and the way of least resistance is now
down. Perhaps<br>
&gt;to<br>
&gt;&gt; &gt; the level I&nbsp; some time ago mentioned when I pointed
out the Head and<br>
&gt;&gt; &gt; shoulder pattern, that is by now fairly visible.<br>
&gt;&gt; &gt; <br>
&gt;&gt;&gt; Larry pesavento In his Book &quot;Planetary Harmonics of
Speculative<br>
&gt;Markets&quot;, quotes a research made by Doanld Bradley, who <br>
&gt;&gt;&gt; found that when Venus oposes Uranus, usually you have a
bottom&nbsp; (80%) or<br>
&gt;a top (20%) in T Bond Price. NEXT oposition is on &gt;&gt; June
23!&nbsp; Thus, we<br>
&gt;could very well see a continued decline into next week.<br>
&gt;<br>
&gt;&gt; &gt; Looking at Municipal bonds, we see an even more convincing
picture of<br>
&gt;the<br>
&gt;&gt; &gt; of the trendline-break.<br>
&gt;&gt; &gt; But please also note the Lower top 98 than the oct 93 top.
this was not<br>
&gt;&gt; &gt; the case in US T-Bonds, thus forming a Longterm Bearish
divergence.<br>
&gt;&gt; &gt; The &quot;only&quot; support we ( I ) actually see is the
lower line in an Andrew<br>
&gt;&gt; &gt; Pitch fork starting oct 1987.<br>
&gt;&gt; &gt;&nbsp; <br>
&gt;&gt; &gt; regards<br>
&gt;&gt; &gt; Stig <br>
&gt;&gt; &gt; <br>
&gt;<br>
&gt;<br>
</font></html>
</x-html>
Attachment Converted: "c:\eudora\attach\Muni.gif"