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In response to the near term Energy Point (EP) date of July 5, I'm getting
more hits for July 8 (either Friday July 7 or Monday July 10).
As for a long term EP date I'm getting strong hits around the second or
third weeks in August. I'm attaching weekly charts of the DJ-30 and SP-500
(cash) going back to 1985. Though long term charts like these make pinning
an accurate EP date very difficult they typically highlight those times
where the market will experience moves of 6 to 10%. As we get closer to
August I hope to see a strong divergence between the indexes and my money
flow indicators.
I'd like to see if others out there have similar projections.
Pete
Attachment Converted: "f:\eudora\attach\EP812SP500.gif"
Attachment Converted: "f:\eudora\attach\EP819DJ.gif"
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