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<DIV><FONT color=#000000 size=4>Hi,</FONT></DIV>
<DIV><FONT color=#000000 size=4></FONT><FONT size=4>I get the message that your
attachment is not a valid gif file.</FONT></DIV>
<DIV><FONT size=4>Regards,</FONT></DIV>
<DIV><FONT size=4>Gram.</FONT></DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
<DIV><FONT face=Arial size=2><BR> </DIV></FONT>
<DIV><SPAN class=110105005-29022000><FONT color=#0000ff face=Arial
size=2>John,</FONT></SPAN></DIV>
<DIV><SPAN class=110105005-29022000><FONT color=#0000ff face=Arial
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=110105005-29022000><FONT color=#0000ff face=Arial
size=2>You may want to take a look at the attached gif. It shows the
symmetrical declines (so far) into the 8-98 and 2-00 lows.
</FONT></SPAN></DIV>
<DIV><SPAN class=110105005-29022000><FONT color=#0000ff face=Arial
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=110105005-29022000><FONT color=#0000ff face=Arial
size=2>This low, however, does not appear to be symmetrical in time to the
98 low. If patterns that began in 1990 continue, this is not likely to be
the low for 2000.</FONT></SPAN></DIV>
<DIV><SPAN class=110105005-29022000><FONT color=#0000ff face=Arial
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=110105005-29022000><FONT color=#0000ff face=Arial size=2>My
projection is that price and time should converge in October at the
ascending trendline.</FONT></SPAN></DIV>
<DIV><SPAN class=110105005-29022000><FONT color=#0000ff face=Arial
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=110105005-29022000><FONT color=#0000ff face=Arial
size=2>Stan</FONT></SPAN></DIV>
<DIV><SPAN class=110105005-29022000><FONT color=#0000ff face=Arial
size=2></FONT></SPAN> </DIV>
<DIV> </DIV>
<DIV><SPAN class=110105005-29022000><FONT color=#0000ff face=Arial
size=2></FONT></SPAN><FONT face="Times New Roman" size=2><SPAN
class=110105005-29022000><FONT color=#0000ff face=Arial
size=2> </FONT></SPAN></FONT></DIV>
<DIV><FONT face="Times New Roman" size=2><SPAN
class=110105005-29022000><FONT color=#0000ff face=Arial
size=2> </FONT></SPAN>-----Original Message-----<BR><B>From:</B>
listmanager@xxxxxxxxxxxxxxx [mailto:listmanager@xxxxxxxxxxxxxxx]<B>On Behalf
Of</B> G.John Boggio<BR><B>Sent:</B> Monday, February 28, 2000 5:30
PM<BR><B>To:</B> rogersj1@xxxxxxxxxxxxxx; Lboggio@xxxxxxx;
InTheHole2@xxxxxxx; Boggio1@xxxxxxx; mcboggio@xxxxxxxxx;
jcorn@xxxxxxxxxxxxxxxxxxx; jadigo@xxxxxxx; JBing@xxxxxxxxx;
ndangio@xxxxxxxxxxxxxx; boggio@xxxxxxxxx; dsbrenner@xxxxxxxxxxxx;
jsemmons@xxxxxxxxxx<BR><B>Subject:</B> [RT] Mkt: SymWave Analysis of S&P
Cash 2/28/00<BR><BR></FONT></DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #0000ff solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px"><FONT
size=2><B>Realtraders,<BR><BR> Yesterday I replied to Gitanshu
Bush's analysis regarding the NDX using symmetry wave analysis.
Unfortunately, I failed to notice that Gitanshu's declines were based on
a closing basis whereas SymWave uses intraday highs and lows in its
calculations. Therefore, please disregard most of what I said
yesterday until I have a chance to view the data on an actually high/low
basis....sorry.<BR><BR>For your enjoyment, I have presented below my
SymWave analysis on the S&P 500 Cash dating back to the '87
crash. Hope you find it interesting. For those wanting to
know more about Symmetry Wave, just let me know and I will send you a
Word document describing some of its aspects in greater detail....don't
worry, I am not selling anything.<BR><BR>Thanks again,<BR>John
Boggio<BR>PS Depending on the number of requests, I will probably do a
bulk mailing or just send it to the Forum for your
review.<BR><BR>+++++++++++++++++++++++++++<BR><BR>Let me now update you
on the current market, going all the way back to 1987: As for the 1987
decline, the S&P 500 Cash market measured a high of 338 on 8/25/87
and a low at 217 on 10/20/87. This decline is 121 points.
Since this market has made such a great advance over the last decade and
the 121 point decline is not that great in today’s terms, we need
to convert this decline into a percentage basis. Which calculates
to a 36% decline, +/- 20% or a 30% to 43% target zone.
<BR><BR></FONT><FONT face="Times New Roman, Times" size=2>Now for the
1990 decline, our high was at 370 on 7/16/90 and our low was at 295 on
10/11/90. This measures 75 pts but upon conversion to a percentage
basis we get a 20.3% decline. As you can see, this decline did not
fall with the 1987 target zone therefore, a new internal wave is formed.
Its target zone for future declines will be 20% of the 20.3% decline or
16.2% to 24.4%. Again, let's move forward to the 1994 high at 482
on 2/3/94 and a low at 435 on 3/31/94. It measured 47 pts or
9.75%. On a % basis, the decline will set a target zone of 7.8% to
11.7% from the highs in the S&P 500. Hence forming a third
subset on internal wave structures since the 1987 crash. <BR><BR>When we
advance to the 1996 pullback, we had a high set at 681 on 5/23/96 and a
low at 606 on 7/16/96. This magnitude decline measured 11.01% and
FALLS WITHIN the 1994 wave structure when adding the leeway
buffer….a SYMMETRICAL MATCH and buy signal is issued. Once the
market completed its decline (down 11.01%), the market ultimately
rallied to a new high on 2/19/97 at 818. Once that high was
formed, the market again rolled over and on 4/14/97 corrected to a low
of 734. This 1997 decline equaled 10.27% and AGAIN found
symmetrical support based on the original 1994 Wave structure, another
continuing buy signal is issued.<BR><BR>Later in 1997 the market once
again rallied to a high of 983 on 10/8/97 with a subsequent low of 855
on 10/28/97. When you calculate this drop, you get a 13.10%
decline which is just slightly greater than the original 1994 wave
structure which measured 9.75% plus the leeway of 1.95 percentage points
for a total of 11.70%. Therefore, technically a failure of the
1994 wave structure occurred by a margin of 1.32%. Unfortunately,
that failure resulted in an intraday sell signal that proved inaccurate
because by the close, the index rallied 75 points from it low and
subsequently formed a bottom that propelled the market to new highs once
again. Upon looking back at this event, I would now tend to group
this October 1997 wave structure WITHIN the 1994 subset of waves that I
illustrated above. Thus making that structure an 8 wave count,
where 1994 was Wave 1-2, 1996 was Wave 3-4, February 1997 was Wave 5-6
and October 1997 was Wave 7-8. However, no new buy signal would
have been issued due to the overextension of the structure or the fact
that it declined greater than the 1994 original wave even though we can
now categorize it within that structure (more on this
shortly).<BR><BR>Once the October ’97 low was formed, the market
rallied to another new high on 7/20/98 at 1191. From that high the
market began to correct and on 8/5/98 formed a low at 1057. This
decline AGAIN measured 11.25% and symmetrically matched all previous
declines since 1994 as one would expect. However, within the
Symmetry Wave trading method, one comes to understand that as a wave
structure matures past a wave 6 count, the ensuing wave structure become
overextended and less reliable in maintaining its stability. In
this case, the 1994, 9.75% wave structure is now at a 10 wave count and
would be considered extremely overextended. As such, no buy signal
would have been generated (for that matter, no buy signal would have
been generated for the October ’97 decline either).
Following the 8/5/98 low, the <U>market failed to rally for several
weeks</U> and then on 8/27/97 the index decisively broke below the 1994
symmetrical support leeway zone and clearly issued a sell
signal.<BR><BR>Now that the ’94 wave structure is completed, we
must then look to the previously larger wave which was the 1990 Wave
structure which measured 20.0%. Well, guess what…the 1998
high to low measured 22.5%, with the low being formed on 10/8/98 at a
level of 923 (923/1191 = 22.5%) and symmetrical matches the 1990 wave
structure. Therefore, in today’s terms, the 1990 wave
structure is at a 4 wave count which issued a <U>major buy signal</U> at
that time.<BR><BR>Again moving forward from the October ’98 low,
the market has formed an internal subset wave structure with a high at
1420 on 7/20/99 and a low at 1234 on 10/18/99. This decline
measured 13.10% +/-2.62% for a total leeway of 10.48 15.72%,
and would represent an original wave structure which has yet to be match
on a symmetrical basis. <BR><BR></FONT>Finally, the market
reached an all-time high of 1478 on 1/3/2000. As of 2/28/00, the
S&P 500 has declined to a level of 1325 which measures 10.35% or
just outside the anticipated targeted symmetrical decline.
Therefore, as I write this, I am looking to be a buyer of the S&P if
I can get a little bit more of a decline in this index…somewhere
around the 1300 - 1320 level in the Cash market. <BR><BR>If this
were to occur, a new buy signal would take place at that point. If
no new highs are made, one would set a protective sell stop below the
market at approximately the 1235 level on the Cash market.
Personally, I believe we are very close to establishing a short to
intermediate term low in the Dow and S&P 500. The ensuing
rally could last until May/June 2000 at which point the summer months
could prove very troublesome for all US indices.<BR><BR>Just some
thoughts,<BR>John Boggio</B><BR></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Mon Feb 28 21:58:41 2000
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Status:
Ronald McEwan wrote:
> I ran a Fourier Analysis of the daily NYSE advancing issues minus
> declining Issues to see if there were any useful component frequencies. I
> came up with a frequency of 78 days. If the holds out the market (S&P
> 500) will have a change of direction on or around May 30, 2000
>
> Ron McEwan,
Jupiter will conjunct Saturn on Sunday, May 28, 2000. This cycle occurs every
19 1/2 years.
May looks like it will be HUGE!
Cosmically,
Norman
commercial free message #160
>
>
> ------------------------------------------------------------------------------
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