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My timing models are in buy mode, my trend channels are pretty steeply down
... general conclusion is that the trend remains down and we should get some
kind of a rally. The higher secondary low in the S&P is encouraging however
the lower low in the NASDAQ is not. I did note a few days ago that short
trades seemed to be more prone to stalling so this rally is not a surprise.
For now I am content to trade rallies on a very short term basis and watch
for the resumption of the primary trend down. I would have to see the rally
move above 1195 basis June S&P and 1785 basis June ND100 on excellent
breadth before turning bullish. Also, as noted earlier, I want to see some
real progress in unwinding the debt bubble before turning long term bullish.
Earl
----- Original Message -----
From: "proffittak" <profitok@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, April 06, 2001 4:56 AM
Subject: Re: [RT] The Psychology Cycle + Elliott Wave
> Lenny Earol.
> What is your read about this count?
> ----- Original Message -----
> From: <carl.vanhaesendonck@xxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Friday, April 06, 2001 5:57 AM
> Subject: Re: [RT] The Psychology Cycle + Elliott Wave
>
>
> > Hi Norman (and Randy),
> >
> > I am not expert like you in Astro stuffs, but have to say have been
> > impressed by the major low the markets made (at least for NDX, not
> > for DJ30 or SP's) the day of solar radiations surge, that is 2 days
> > ago.
> > Before I read your post this morning, I did some homework yesterday
> > at market close, for the Dow: the low of March 22 looks more and more
> > as the end of Wave 3 of C of ABC major correction from 2000 all time
> > high, with the last April 4 low being the end of intermediate b, and
> > now the wave c of intermediate 4 being completed. The objective of
> > this upside reaction being around 11700 points.
> > We could therefore be in a typical Bear Trap, with a lot of people
> > hurrying into the market these days, while the last Down Wave (the
> > 5th) hes still to come. I expect this actual "c" of "4" to be
> > completed in the upcoming days, probably next week, then the
> > final "5" of "C" would follow, with a probable completion 1 or 2
> > weeks later, which would fit with your objective of Saturn reversal
> > around April 20...
> > The objective for this "C" wave, in itself the end of a Primary or
> > Cycle degree "4", for the Dow is around 7500-8500.
> > All this within the very next weeks...maybe...exciting isn't it..?
> >
> > Carl
> >
> >
> >
> >
> >
> > --- In realtraders@xxxx, "Norman Winski" <nwinski@xxxx> wrote:
> > > Randy,
> > >
> > > Good Work!! I would like to slighltly amend your scenario.
> > First, Saturn (planet of restrictions) will be changing signs on
> > April 20, from Taurus the Bull to Gemini. This means that the time
> > window you have highlighted is even more powerful but the turn may
> > take a few more days that you have allowed. As for price on the S&P
> > 500, I am partial to either 1) 1044 or 2) 1026. The first number,
> > 1044 = 24 Aquarius, relates to 24 degrees of the air signs and that
> > is where Uranus will be in June when Jupiter forms a 120 degree
> > aspect to Uranus. The second number was the high for the DJIA on
> > September 22, 1976 (top of Wave I) and near a reoccuring Astro
> > harmonic for the major indices. Key Fib. retracement levels to watch
> > on the upside for scenario #1 is 1140 and 1200. If the market pauses
> > or stops at these levels, you will know that the market is in the
> > right key for possible support and a final low at 1044. And now back
> > to Name That Tune.
> > >
> > > Cheers,
> > >
> > > Norman
> > > ----- Original Message -----
> > > From: Randyseeu@xxxx
> > > To: realtraders@xxxx
> > > Sent: Thursday, April 05, 2001 8:52 AM
> > > Subject: [RT] The Psychology Cycle
> > >
> > >
> > > Hi Everyone,
> > >
> > > I have some interesting data that gives credence to a possible
> > April
> > > 18th major low in the DOW and the SPX. I will use a combination
> > of
> > > astrology and Gann to support my contention.
> > >
> > > As you know, the Bear market officially started when the DOW went
> > below
> > > the 2000 low of 9654 on March 16,2001. The DOW, SPX , and NASDQ
> > all
> > > dropped to new lows on March 22 and NASDQ has gone even lower
> > recently.
> > > The next major support levels are the lows of 1998. This is the
> > point
> > > from where the rally started to the new highs in 2000. These
> > levels are
> > > the 9-01-98 low of 7400.30 for the DOW and the 10-08-98 low of
> > 923.32
> > > for the SPX. It is very possible these levels could be hit by
> > April 18.
> > >
> > > 1. The retrograde period of Venus in Aries is often in indicator
> > of a
> > > strong down period in the market. Venus went retrograde on March
> > 8th,
> > > which was the immediate high for the DOW before the market
> > collapsed.
> > > Venus goes direct on April 19th. Venus retrograde in Aries
> > occurs every
> > > 8 years. I looked up all occurrences between now and 1960. The
> > years are
> > > : 1993, 1985, 1977, 1969, 1961. Of these 5, 2 years reflected a
> > period
> > > starting with a high at the retrograde and a low when Venus went
> > direct.
> > > The price data given below is taken from the SPX.
> > >
> > > 1993: Venus RET: 3-11 High 3-11 @ 923.89
> > > Venus DIR: 4-22 Low 4-26 @ 778.89
> > >
> > > 1977: Venus RET: 3-16 High 3-11 @ 923.89
> > > Venus DIR: 4-27 Low 4-26 @ 778.89
> > >
> > > 2001: Venus RET: 3-08 High 3-06 @ 1267.42
> > > Venus DIR: 4-19 Low (TBD)
> > >
> > > 2. The importance of the SPX price of 923.32 is emphasized by
> > the fact
> > > that the 50% retracement between the major low of 10-11-90 and
> > the all
> > > time SPX high on 3-24-2000 is 924.51.
> > >
> > > 3. There is a 180 calendar day Gann Square between the 10-18-
> > 2000 major
> > > low for the DOW, SPX, & NASDQ on 04-18-2001.
> > >
> > > 4. Perfect Gann price x time square from the 10-08-1998 SPX low
> > of
> > > 923.32 to 04-18-01. Adding 923 calendar days to 10-08-98 we get
> > > 04-18-01.
> > >
> > > These things donā?Tt always come to pass, but you have to admit
> > it is an
> > > interesting scenario. So if the SPX hits 923 in the period around
> > April
> > > 18,.
> > >
> > >
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