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The attached LARGE .gif image displays the current projections
as seen by SwingMachine on a daily chart basis.
This projection anticipated the recent turn and expects a couple
of weeks up movement from the turn.
The short term projection is set within the longer range predictions
made by a method using a single Gann angle on a set of turning
points picked by the program the same way that TP's are picked
for SwingMachine but on a much longer time frame basis.
These projections only indicate direction and 'channels' within which
prices should move. You will note that when prices move out of
these channels it normally precedes a fairly lengthy move in the
direction of the breakout.
As of now, long and short are bullish.
Clyde
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Clyde Lee Chairman/CEO (Home of SwingMachine)
SYTECH Corporation email: <clydelee@xxxxxxx>
7910 Westglen, Suite 105 Work: (713) 783-9540
Houston, TX 77063 Fax: (713) 783-1092
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To subscribe / unsubscribe from SwingMachine list
http://www.egroups.com/list/swingmachine/
After joining list the freeware SwingMachine program
(DOS Version) is available in the VAULT at:
http://www.egroups.com/list/swingmachine/
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Attachment Converted: "f:\eudora\attach\junk115.gif"
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