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It appears that I have been summarily castigated for my post. In
response to some. If you trade stocks and I state on this forum that,
<b>based upon my system,</b> I see XYZ going from 37 to 56. If you
traded stocks, wouldn't you even look at XYZ and see if your system said
the same thing or at least said that it might rally? I haven't traded
the S&P in a while, but when he made his prediction I went to my charts
and looked to see if there was anything there to justify his prediction.
I still have upside targets in the 1400s, 1500s, 1600s and 1700s.
The best count that I can get to the downside, at this time, is 1290.
Do I believe that the Sep S&P is due for a fall? Yes. Until
my up legs are voided I have no reason to believe that there is a major
drop coming at this time. Trade the downside, yes. Be committed
to a target of 400, no. Will I post a chart? No. All my charts are
on a dedicated machine, and I am not computer literate enough to transfer
them to this machine and send them. Will I tell you how I arrived
at the numbers I posted? No. The method is proprietary. Will I help someone
who is having trouble? Yes. Will I exchange ideas? Yes. If he wants
to remain a man of mystery, that is his business. If you have questions
about trading, ask them, and someone who is knowledgeable will answer your
question. If I have the answer, it could be me. There are others who have
posted imminent warnings of explosions to the upside, and others who have
posted about the end of the world. The only thing we know for sure
is that both infinity and 0 are out of the question. Have a good week.
Ira.
<br>
<br>
<blockquote TYPE=CITE> </blockquote>
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</x-html>From ???@??? Sat Jun 19 13:26:41 1999
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Date: Sat, 19 Jun 1999 13:41:58 -0600
From: gary bodnar <gbodnar@xxxxxxxxxxxxxxxx>
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Subject: Re: Fut. Silver/astrologic
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> ello
> I have created several charts using July Silver comex data with
> astronomy/astrology data.. Using one year data of the price and ratio of
> right ascendant of the sun and the moon, there are some interesting
> correlation btw the price and the movement of ascendant ratio.. I also
> added dates of moon passage with the North Node.. , I do not pretend to
> even understand what a North node is. What is interesting about this
> moon/north node passage dates are where a trader can visualize where the
> trend will be in two weeks or so..
> Reason I like using astro data is because I will know exactly where the
> sun/moon, etc. a year from now. And the data is not even connect to the
> "Price"..
>
> One thing I have "learned" is that it takes many years of data to be
> able to really understand.. I am curious what other "experts" have to
> say about this.
>
> Basically what the chart is trying to tell me is where the price is at
> with the ratio... I noticed that if the price is below the ratio, it has
> upside potential to go up but when the price got below the ratio at the
> beginning, it will stay bearish for a while... And when the price gets
> too far away from the ratio, the price will start climbing up..
>
> Right now I am in bearish mode with the silver with an understanding
> that the downside is very limited.. In other word, I do not believe that
> the silver will go to four dollars an oz.. It has potential to go down
> to 4.80.. and that is the major support.. Over the last 5 times when the
> price hit 4.80 it goes back up.. I do not know if the reversal trend
> will be the same.. It is just an observation..
>
> The charts(25kb) are at
> http://xeno.licensed.com/clyde/forecasts/silver.html
>
> Trade well,
> Gary Bodnar
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