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In a message dated 8/3/00 10:05:51 AM Pacific Daylight Time,
dbisnath@xxxxxxxxxxxxxx writes:
<< Is there any astrological turning point today or tommorrow? Technically,
it appears as if we can bounce from here, as SM indicated.
Also, THE gap was filled in Nasdaq. Thanks
>>
Hello DB,..
My bias is to expect next short term turn to occur in the 08-08 to 08-11
timeframe,..focus on the 08-09 date. Why? Wedn 08-09 is 13 mkt days from
07-21, (which in turn was 12 mkt days from 07-05, and 13 mkt days 06-15
pivots),
as well as being a fibo-gann date,....and beign indicated from several other
methods.
Thurs 08-10 is a key 19 mkt day count going back to 12-31-99,...every 19 mkt
days or so has marked key pivots. So my bias is to expect a short term high
in the 08-09 to 08-10 timeframe (for both S&P500 and NASDAQ),...to be
followed by a two week or so decline into 08-25 to 08-26,...next likely
large pivot time frame. Any thoughts or feedback appreciated.
Regards, JIM Pilliod
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