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

Re: [RT] S&P Moment of Truth



PureBytes Links

Trading Reference Links


Here is another picture that if we cannot 
hold about where we
are then 1000 is probably a good 
shot.
 
Clyde
 
- - - - - - - - - - - - - - - - - - - - -  - - - - - - -Clyde 
Lee   
Chairman/CEO          (Home of 
SwingMachine)SYTECH 
Corporation          email: <A 
href="mailto:clydelee@xxxxxxxxxxxx";>clydelee@xxxxxxxxxxxx  7910 
Westglen, Suite 105       
Office:    (713) 783-9540Houston,  TX  
77063               
Fax:    (713) 783-1092Details 
at:                      
www.theswingmachine.com- - - - 
- - - - - - - - - - - - - - - -  - - - - - - - -
<BLOCKQUOTE dir=ltr 
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Ira Tunik 
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Saturday, July 07, 2001 11:33
  Subject: Re: [RT] S&P Moment of 
  Truth
  Norman: 
  I have support at 1174, which is close enough to the 1169 to be 
  reasonable.  I also have a target for this move down of 1016.  I 
  have been going over the charts of several stocks and things look bleak 
  there.  At least the ones that I have been looking at.  A couple of 
  big caps moving higher could put a halt to the index slide, but allow a lot of 
  other stocks to slip into oblivion.  As you know I am not a strong 
  believer in Astro, but know that often it is right on the money.  We 
  shall see this time.   Ira. 
  Norman Winski wrote: 
  
    
       I see some important indicators 
    converging next week for a possible change in trend for 
    theUS Stock Market via the 
    S&P 500. 1.Jupiter 
    will change signs which it only does every 11 months when it enters Cancer 
    on 7/12.2. S&P cash 1169 is 
    a .618 retracement of the March to May rally. 1169 = 29 Gemini which is 
    where Jupiter will be until it reaches zero Cancer (90 degrees = 1170) on 
    7/12.3. Jupiter in Cancer 
    should be friendly to the US, born on the 4th of July and with several Crab 
    planets.4. My sentiment 
    indicator, as of Friday's close, entered bullish territory for the first 
    time in several weeks, indicating the probability for a low in 1-2 trading 
    days.5. Even given the bearish 
    case, if we stop at 1169 area, I can see five waves down and should at least 
    get a very good bounce. Please see chart below.<FONT 
    face=Arial>6. If SPX goes much more than $5 under 1169, time 
    to throw in the bull horns, and go back to the barn.  On the other 
    hand, I have cycles indicating that the Greenpan bail out should soon start 
    having a positive effect on the US economy and markets until late 
    summer.7. Bottomline, I see the 
    next few trading days as a "do or die" situation for the S&P 500 and 
    probabaly the US stock market. <FONT 
    size=-1>Cheers, Norman 
    Winski   <SPAN 
    style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"><IMG 
    style="WIDTH: 497px; HEIGHT: 369px" height=325 
    src="cid:part1.3B4739EC.161EA036@xxxxxxxxx"; width=390 
    v:shapes="_x0000_i1025">   
    To unsubscribe from this group, send an email to: 
    realtraders-unsubscribe@xxxxxxxxxxxxxxx     
    Your use of Yahoo! Groups is subject to the <A 
    href="http://docs.yahoo.com/info/terms/";>Yahoo! Terms of 
    Service.



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: "junk1.gif"