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While we all love to be right, I don't think we got anything tradable
out of the time cluster for w/o 12Jun except more indigestion from
sideways market. We did get a key PL on 13Jun, however there has been
(so far) about a 3% move in SP off the PL - nothing worthy of notice. It
looks like we are either in for more sideways action (best case) or a
turn down (suggested by my breadth models). Recent SP price action has
been marked by a series of 6-7 day turns which points to a move lower.
Earl
----- Original Message -----
From: <Jpilleafe@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, June 20, 2000 11:56 AM
Subject: [RT] Three Week Cycle Count, Near Term Energy Point Dates
> Hello Everyone,...
>
> (Interestingly,..Earl Adamy, in late May, had posted he had a
confluence of
> things pointing to week of 06-12 as likely trend change time.) If
upmove of
> 06-13 is start of next cycle,..then 06-22 (eight mkt days from start)
would
> be the start of topping phase 06-22 to 06-24,..with likely decline
into 06-28
> which is next 3 week cycle low. I was wondering if anyone
else,..using Nat
> Pulse,..cycles,..or other methods have energy point dates for 06-22 to
06-24
> as well as 06-28.
>
> Any thoughts appreciated,...Thanks in advance.
>
> Regards, JIM P.
>
>
>
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