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<SPAN
class=960544121-15092001>Clyde,
<SPAN
class=960544121-15092001>
Here
is a copy of what i posted to wavetraders. It shows you that now is
a good
time to plan ahead at least in the short term!!
<SPAN
class=960544121-15092001>
As a follow up to the <A
href="mailto:wavetraders@xxxxxxxxxxxxxxx";>wavetraders@xxxxxxxxxxxxxxx post I
made the week before last and previous posts calling for
the S&P toretest its old lows. In this I mentioned
this Friday and Monday asmore important for a trend
change than most dates.
You have seen how the Mass Pressure Chart has been
callingthe market lower up till now. The chart is
turning positive.The ADX is showing that it is in the
area for a trend change.Today I ran the Cycle Finder
Routine on the 17092001.
And the attached chart sptimebands.gif shows<FONT
size=2>some of the important Time ratios coming in on Monday 17 Sep
2001.This may be one of the scariest things to do. But
as there are a lotof Spec long positions that need to
taken out and the Fed is floodingthe market with Cash.
The first thing wash out with Blood on the streetsas
brokers cut out the overextended longs may provide some<FONT
size=2>great bargains in the near term!
<IMG align=baseline alt="" border=0 hspace=0
Warmest RegardsDavid HuntUS Ph/Fax 1 312 577
0491Australians Phone 02 9527 4690
<FONT face=Tahoma
size=2>-----Original Message-----From: Clyde Lee
[mailto:clydelee@xxxxxxxxxx]Sent: Sunday, 16 September 2001 1:04
AMTo: realtraders@xxxxxxxxxxxxxxxSubject: [RT] For the
LongTerm Future
I'm working on a new Fib Time and Price
indicator and one
of the features of this indicator is the
ability to display
a future TREND based on historical data
(similar to SM).
The attached is a MONTHLY study of SP
cash from 1940 to now
and shows that regardless of where this
mess settles out it
is likely that 5 years from now we will
be in pretty good
shape.
So hope I hope !
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- - -
- - - - - - - - - - - - - - - - - - - - - - - - -To
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