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RT
Losing big chunk of my net worth in crash of ‘87 made me over the years to
study that event. Throughout the Years I have subscribed to different
finnancial/stock market letters. Only two where consistent & bringing “bacon
home”. With their permission I will share their current findings.
Walter Studnicki of “TURNING POINT “(480-991-3410) & James Brock of TRIAD
RESEARCH (210-432-7318).
Both of those guys doing research for over 30 years, Walter is mathematician,
modern Gann of our times for the work he accomplished in time & price
predicting. His short term S&P day trading system rank #1 by Futures Truth in
July 99.
He told us in his letter OCT ‘98 at the time When S&P was reaching the low
Oct 8 that we will have strong non stop upmove in form of B- wave that
exceeds top of July 98.
In his Jan 99 letter he set major turning points for the ‘99 . One of them
July 16th as a significant high point. He warn us that since Dow target of 1
1539.46 was not reached July 99 top was not ultimate top. Other very
important dates for remaing of the Year are; 11-16 , 12-2, 12-7
James Brock uses Astro, sine wave, & his very accurate Tunnel price
projection system. What's interesting he has no computer. His computer is
between his ears, updates charts manually, work on S&P, bonds, soybeans. He
is outside consultant to banks & funds.
In Sep 98 told us that to buy S&P on Oct 8-98 for the strong up move. On
Oct 12-98 his tunnel projection give primary target 1295, which at that time
look to me impossible. Then updated & revised on Apr 1st to 1443 which was
exactly July 99 top.
July 20th issued downside projection to 1241 nearby contract which we
reached.His Astro work predicted Oct 18 low.
Late October he projected high for Nov 23-24 & S&P 1464 or 1498 & beginning
of the sharpest decline we experience in this bull market. For details You
can talk to him. He is not using any Gann, Fibo, ratio in predicting prices.
His soybean price targets help many farmers in decision when to sell. His
July low call $4.055 on soybeans came as close as you can get. Now he expects
low Nov beans at $442.00 within few days
Slawek
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