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In a message dated 11/3/99 3:00:27 PM Eastern Standard Time,
sbook@xxxxxxxxxxxxx writes:
<< Hi,
I appreciate your response.
A belief that the market is overvalued, and that a major top followed by a
significant decline is inevitable has been expressed by many RT's. Many
assertions that THE TOP is in place have gone by the way. Identifying the
actual turning point is the challenge.
Do you know how the experts you referenced arrived at precise dates for
cycle tops?
Also, do you expect a fast crash or a slow grind?
Thanks again,
Stan
>>
Good morning
the gentelman was using the gann wheel
but the starting point was the major hi or a major low
he had a scrap book with dates of hi and lows on stocks and dow
to give you an idea how good he was
we were vacationing in florida
there was a local newspaper contest for picking stocks
length 2 weeks
he entered a $2 stock that became 3 7/8 in 2 weeks and won $1000
just holliday fun
he looked at the chart pick the low date and then looked on the gann weel
count the days and came out with date or price and time
i still do NOT have that tallent
but just the main principals of aproximate dates
regards
Ben
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