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Subj: Confirmation of near term low
Date: 2/20/00 7:13:45 PM Pacific Standard Time
From: Vaugh002
To: Jpilleafe
Tom,..
Thanks very much for the note re: likely low now
with a rally into 03-01 time per the Aussie article.
A rally here into late month,...early March fits
with several other key things:
In late Feb...Bradley short term model starts to gyrate
up and down at a top,...then drops after the early
March timeframe into April,..then a mid-May Low.
Norman Winski (about three two months ago in a thread
with Ben) noted his thought on the RT Forum that the 02-29
timeframe would be most significant.......in my notebook I wrote,....
"Winski sees 02-29 Major CIT time for US Financial Markets".
Note 03-01 is a key short term pivot timeframe from my work,...
being 13 mkt days from 02-10,...was 13 mkt days from 01-24,..
was 13 days from 01-04,...13 mkt days from 12-15,..etc. So
likely a pivot point, and fits with other methods.
So the possibility that we could have a near term rally into
03-01 and then head much lower is a real in my mind. I am
biased to the longside into this late February timeframe,...
and then will become defensive, re-assesing that timeframe
as a likely turning point to the downside.
Thanks again for the note. JIM Pilliod
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