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>Its gonna happen. When I feel it in the bones, don't sleep, pace the floor,
>dog barks, its gonna happen.
To me it looks like a continuation Head and Shoulder pattern, which can explain the comments below by Erik Hadec and Ray Merriman,
By the way, does anybody have the last issue of Supertraders Almanac?
If so, is this week ans Astroday/week or perhaps High low Pesavento Index Daily/weekly?
regards
Stig
Comment s below:
Fra: INSIIDE@xxxxxxx <INSIIDE@xxxxxxx>
Cc: INSIIDE@xxxxxxx <INSIIDE@xxxxxxx>
Dato: 17. november 2000 18:56
Emne: Watch November 24th!!!
If our intermediate cycle work is accurate (which forecast a January 3rd S+P
top, January 17-19th DJIA top, late-Feb stock index low and March 27th peak
earlier this year), then November 24th is a CRITICAL date in stock indices
and aligns with similar cycles in the energy markets.
----------------------------------
>From Ray Merriman we read the following
As stated in previous reports, a huge market reversal is due anytime between November 7-December 11. The midpoint of this cluster is November 23, Thanksgiving in the USA.
The next ten days may be one of the most important periods of the year in terms of collective psychology (and hence market sentiment). We find the Sun opposing both Saturn (November 19) and Jupiter (November 27). In the middle of all of this is Venus square Mars (November 23). I suspect this portends a very large move in stock prices, the direction of which is probably dependent again on the finality of the election results. If finalized, I expect very sharp rally. If not, I anticipate a train wreck where the market goes into to a free fall. Along with this outlook, I would expect a revolt by frustrated segments of the American public, possibly leading to violence. This then would probably catapult world leaders (at least national leaders) to take some decisive action to end this meltdown quickly. However, based on Friday's rather mild close in the stock market, I am not so sure we won't have a resolution by Monday. There could still be a certain amount of hysteria and dissention even with the election finalized. It's just that I don't think it will go to such extremes as it would if the results are delayed past this Monday.
The lunar cycle is bullish through Wednesday, and bearish on Friday. But that impact will be minimal compared to the results of the election not being finalized.
http://www.mmacycles.com/artweek.htm
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