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[RT] Confirmation of near term low



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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