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Jim,
A slightly different method has the 4/19 area as quite significant. The
distance from 10/28/97 to 10/8/98 times 2.618 results in a projection of
this 4/19 date. I've had very good success with this type of calculation on
a "calendar day" measurement.
This method is slightly different that those Time Charts"
(http://home.golden.net/~laird/TimeSPX.htm) that produced the 4/4 date for
the Nasdaq, but the general principle is quite similar.
There is absolutely no implication of direction here, just the suggestion of
an "energy point".
Cheers,
Peter
-----Original Message-----
From: Jpilleafe@xxxxxxx [mailto:Jpilleafe@xxxxxxx]
Sent: April 8, 2000 6:11 PM
To: realtraders@xxxxxxxxxxxxxxx; trinzach@xxxxxxx
Subject: S&P500 04-11 Key Date?
..........Also pointing to 04-17 to 04-21 timeframe (weekly) is a 40 wk
cycle (from 07-16-99). Recognizing that the 04-11 date appears \
important, would appreciate the opinions of others focused on Gann
or astro as for what specifically might be expected here. My bias is
to be wary of another leg down,...but that is based on very weak Put/Call
ratios the last few days,...and other stuff that indicates likely shortt
term
oversold. Any thoughts or insights appreciated. Have a good week ahead.
Regards, JIM Pilliod jpilleafe@xxxxxxx
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