[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: [RT] 5/18 & 5/22 NASDAQ Turning Points



PureBytes Links

Trading Reference Links


Please see question below.
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  <A href="mailto:H.Albizem@xxxxxxxxxxxxxxxx"; 
  title=H.Albizem@xxxxxxxxxxxxxxxx>Haytham Albizem 
  To: <A 
  href="mailto:realtraders@xxxxxxxxxxxxxxx"; 
  title=realtraders@xxxxxxxxxxxxxxx>Realtraders 
  Sent: Monday, May 14, 2001 12:16 AM
  Subject: [RT] 5/18 & 5/22 NASDAQ 
  Turning Points
  
    
  5/13/2001 
  
   
  My fellow 
  traders:
   
  Since 
  calling the last turning point down for NASDAQ, the next question will be 
  when to cover short position taken, the answer is not as clear as you think, 
  let me explain why:
  <SPAN 
  style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"><SPAN 
  style="FONT-FAMILY: Arial; FONT-SIZE: 10pt">Before I start explanation, I 
  wanted to let you know I will cover short when the gap is filled around 1950 
  for NASDAQ regardless the turning point so I can be ready for the next move 
  :-)
  There is 
  a huge evidence that a turning point will take place in June, I am not going 
  into the details for now because I have to deal with the current situation 
  until the end of the this month.
  My 
  problem is this: Based on my calculation there is 2 turning points very close 
  to each other and this is bother me a lot because the evidence is distributed 
  between these 2 turning point and I did not know which is more significant 
  unless you combine them.
  These 2 
  turning points are 5/18/2001 +/- 1 trading day and 5/22/2001 +/- 1 trading 
  day.(I will explain some of the reason of why below)
  If you 
  cluster these two turning points you will have the 3 trading days: 5/18, 5/21, 
  5/22 as significant and I don't like this because I would like to be more 
  specific by giving one date as turning point +/- 1 trading day as standard 
  deviation but in this situation the BIG PICTURE will be clearer as I add 
  the pieces as we go:
  <SPAN 
  style="FONT-FAMILY: Arial; FONT-SIZE: 10pt">EVIDENCE FOR 
  5/18/2001:
  <SPAN 
  style="FONT-FAMILY: Arial; FONT-SIZE: 10pt">5/19/2001 is 45 day from 
  4/4/2001
  1x1 angle 
  is harmonic
  360 day 
  from 5/24/2000
  NW: What 
  is the significance of 5/24/2000 other than a short term low? 
  
  
    
    
      24-May-00
      3155.14
      3276.19
      3042.66
      3270.61
  <SPAN 
  style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"><IMG 
  v:shapes="_x0000_i1025">
  <SPAN 
  style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"> 
  <SPAN 
  style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"><SPAN 
  style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA">Thanks,
  <SPAN 
  style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"><SPAN 
  style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA">Norman
  <SPAN 
  style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"><SPAN 
  style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"> 
  <SPAN 
  style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"> 
  <SPAN 
  style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"> 
  It is 
  cluster ratio (see gif)
  <SPAN 
  style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"> 
  <SPAN 
  style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"> 
  Venus 
  will complete 1.6 cycle from 5/24/2000
  Sun will 
  complete 0.98 of cycle from 5/24/2000
  Mar will 
  completed 0.45 of cycle from 5/24/2000
  Mar also 
  will move 22.5 degree from 4/4/2001
  It is 
  8(Fib) from 5/11/2001
  Cardinal 
  Square of 9(I will leave to you guys to interpret it :-)  )
   
  <SPAN 
  style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"> <?xml:namespace prefix = o 
  ns = "urn:schemas-microsoft-com:office:office" 
  />
  <SPAN 
  style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"> 
  <SPAN 
  style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"> 
  <SPAN 
  style="FONT-FAMILY: Arial; FONT-SIZE: 10pt"> 
  <SPAN 
  style="FONT-FAMILY: Arial; FONT-SIZE: 10pt">EVIDENCE FOR  
  5/22/2001
   <SPAN 
  style="FONT-FAMILY: Arial; FONT-SIZE: 10pt">It is cluster ratio (see 
  gif)
  Venus 
  will complete 1.62 of cycle (As you know 1.618 is the golden ratio)
  Cross of 
  Gann angles 1X1 and 3X1
  Cross of 
  Gann angles 1X1
  It is 13 
  day (Fib) from 5/10/2001
  There is 
  some other evidence calculated mathematically( that I will keep it to myself 
  :-) )
  I WILL 
  COMMENT ON THE TURNING POINTS AS WE GO USING ALL OTHER METHODOLOGIES AS I FEEL 
  IT CAN SHED MORE LIGHT TO THE BIG PICTURE.
  Follow 
  this link for attachments http://www.haytham.eboard.com/
  Happy 
  trading,
   
   
  <SPAN 
  style="FONT-FAMILY: Arial; FONT-SIZE: 10pt">Haytham
   
   
   <SPAN 
  style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA">Disclaimer: 
  THIS MEANT AS A LIVE TRADING EXERCISE, IT IS NOT A RECOMMENDATION TO BUY 
  OR SELL, SO USE YOUR OWN JUDGMENT.To 
  unsubscribe from this group, send an email 
  to:realtraders-unsubscribe@xxxxxxxxxxxxxxxYour 
  use of Yahoo! Groups is subject to the <A 
  href="http://docs.yahoo.com/info/terms/";>Yahoo! Terms of Service. 







Yahoo! Groups Sponsor












To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx





Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.


Attachment: Description: ""