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My celestial charts say something quite different,
with the flying pigs now well into the stratosphere over Uranus,
I don't see how this market can go any higher before collapsing.
JT
----- Original Message -----
From: "Joe Frabosilio" <joe6964@xxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Cc: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, July 19, 2000 8:59 PM
Subject: [RT] Re: MKT - OEXastro
> Hi Bob,
>
> I don't know if a rally will start anytime soon. Mr. Greenspan will
speak
> tomorrow, then initial claims are reported on Friday @ 8:30am EST. So, I
think
> traders will sit on the sidelines until everything is said and done.
Plus,
> being Friday no-one will hold over the weekend. So by the middle of next
week
> (7/27), we should see movement in the markets, looking upward.
>
> Jupiter, Sun, Moon and Neptune are very active on the last week of July.
This
> should be good for many sectors, Retail, Metals, consumer goods, soft
drinks &
> Gas issues.
>
> I agree that short-term indicators show over sold in many tech issues.
I'll sit
> and wait.
>
> TradeWell,
> Joe Frabosilio
>
> BobR wrote:
>
> > Now that astro is back in style with beans, how about equities. Norman
> > commented a short while back about Mercury going direct. Looks like
that is
> > about to happen. OEX is pretty close to heavy planet support at Uranus
> > 799.75 just as Mercury is turning up. Adding a bit of traditional tech
with
> > the Stochastic
> > RSI so as to keep the feet on terra firma, a pullback to 60 or 50 or 40
on
> > the Stoch RSI would still keep the bullish trend from the May lows
intact.
> > That High three bars back was right on the Mercury price line at point Y
as
> > well as at the time of the intersection of the Sun/Earth line and the
North
> > T Node at point X. So the stars tell me the correction of the rally
from
> > the late June low at point Z should be over today or Thursday morning,
maybe
> > a rally will even start on Globex tonight.
> >
> > BobR
> >
>
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> > Name: OEXastro.gif
> > OEXastro.gif Type: GIF Image (image/gif)
> > Encoding: base64
>
>
>
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