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These two posts are from the AGET list but some on this list might find them
interesting, Gann-wise (considering todays action so far).
If the analysis is correct, a rough day today into Monday perhaps?
Also attached is my AGET daily chart of the SP (pit session only) I have
been following, with todays action so far (in a 5th wave down).
Does anyone else get they feeling "they are loading the boat" with this type
of choppy trading?
don ewers
----- Original Message -----
From: <tobtrade@xxxxxxxxxxx>
To: <AdvancedGET@xxxxxxxxxxxxxxx>
Sent: Thursday, August 09, 2001 4:33 PM
Subject: [AdvancedGET] Re: targets for naz and dow
Which is close to 1841, which is the Gann 2/8 division of the range from Jan
95 low of 745 to the March 2000 high at 5138. The 2/8 line is usually
a major area of support for a downward slide...
----- Original Message -----
From: "Lee Morris" <LMorris@xxxxxxxxxx>
To: <AdvancedGET@xxxxxxxxxxxxxxx>
Sent: Thursday, August 09, 2001 10:10 AM
Subject: [AdvancedGET] RE: targets for naz and dow
Here is my 2 cents, we will bottom on Monday at 1845 which is 90 days past
the 4/4 low and I think Friday is 55 days from the high, this correction has
been a double zig-zag and the 2nd ZZ will be .62 of the 1st at 1845. There
is a 4x1 Gann line from the 4/4 low, further this will be a 9 and 18 month
cycle low and it feels like the right distance after taking out all the
stops sitting under 1935, it also is the bottom of a linear regression
channel from the hi on 5/22 and sits on a trend line from 4/00 lows, just my
thoughts, I may be wrong
ps. for the dow the bottom should be 9955-9962 but may stop just over 10,000
also consider:
45 tds from June high
139 tds from Jan high (close to 135)
270 tds from July00 high
360 tds from March00 high !!!!
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