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I don't find Norm's prediction all that far fetched.
The attached monthly SPC chart supports a eventual wave 4C drop to the
839.39 area (perfect ABC swing target) not all that far from the 782.00 he
mentions.
Also note the .618 expansion of wave 4A to wave 4B is at 1021.61 fairly
close to Ben's initial target on his post of 1020 to 1025 for today (not
sure how he arrived at his though)? Just a level I would watch for a bounce
IF we get there.
don ewers
----- Original Message -----
From: "Kent Rollins" <kentr@xxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, September 18, 2001 1:25 AM
Subject: Re: [RT] DJIA & SPX Key Levels and Long Term Forecasts - NW
> Let me help interpret your interpretation of the USA's biorythm you have
> discovered:
>
> >If I am correct on this theory, some cataclysmic
> >events should occur for the US when the SPX
> >nears 782.
>
> The market may go down......
>
> >The good news is that if 782 holds, SPX
> >should be headed for new all time highs.
>
> or it may go up......
>
> >Please keep in mind that this new major bull
> >market may not commence for several years
>
> or it may go sideways.
>
> Did I get it right?
>
> I'm gonna save this prediction so I can see if you are right later.
>
> Kent
>
>
> ----- Original Message -----
> From: "Norman Winski" <nwinski@xxxxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>; <gannsghost@xxxxxxxxxxxxxxx>
> Sent: Monday, September 17, 2001 8:31 PM
> Subject: [RT] DJIA & SPX Key Levels and Long Term Forecasts - NW
>
>
>
>
> Next DJIA stop should be circa 8346 and then 7543. The level the market
> choses for a bounce should tell us much about where the market is and what
> we should expect in the bigger picture.
>
> SPX levels = 1035 or 1005, 936, 872, 847-833, **782**, 702,
> and 597. The March 22 low at 1081 implied that low was an A wave of a BIG
> WAVE IV ala Grand Super Cycle for the US and since the May high at 1315
the
> SPX is in C of IV. If that harmonic holds, I expect to see 782 before this
> major wave is done. This does not preclude interim counter trend rallies
of
> substantial proportion. For example, I expect a substantial year end rally
> and economic boomlet which should last into Jan. or Feb. of 2002. If SPX
> didn't bottom near the 782 level then we should consider that the year end
> rally is perhaps Wave II or Wave IV of Major WAVE IV and there will be new
> lows toward 782.
>
> What blows me away is that while doing the above analysis, I cracked the
> harmonic I have been seeking since the March 22 low which turned out to be
a
> minor harmonic ala "A" wave of a super major wave for the existence of the
> USA. The retest for the 1081 low came the day before the 911 attack on the
> US which is a threat to all of civilization and in particular the USA. So
> one could say that time and price squared for a major event and turning
> point for not just the SPX but the existence of the USA. If I am correct
on
> this theory, some cataclysmic events should occur for the US when the SPX
> nears 782. The good news is that if 782 holds, SPX should be headed for
new
> all time highs. Please keep in mind that this new major bull market may
not
> commence for several years and then transpire over the course of several
or
> many years.
>
> Wavingly,
>
> Norman Winski
>
>
>
>
>
> >
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> >
> >
> >
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> >
> >
>
>
>
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>
>
>
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Attachment:
Description: "SPCmonthly091701.gif"
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