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Re: [RT] DJIA & SPX Key Levels and Long Term Forecasts - NW



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----- Original Message -----
From: "Daniel Goncharoff" <thegonch@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, September 18, 2001 10:05 AM
Subject: Re: [RT] DJIA & SPX Key Levels and Long Term Forecasts - NW


> Norman
>
> I took your point to be that we will hit 782 one way or another. If we
> come off it ("if 782 holds") we go to all time highs eventually, and
> nothing bad happens to the USA. If we don't hold 782, we keep falling
> and something bad happens to the USA.

DanG,

NW: If the 782 scenario is correct, there were be some major dire news at
the time the SPX reaches 782 but that will be a major low.
>
> What I don't understand is how long this 782 level matters. For example,
> if we touch 782 and then dip below it 12-24 months later in a sideways
> environment, are you predicting market/national apocalypse?


NW: If we dip siginficantly below 782 then I was wrong about this scenario.
Analyzing the market is much like playing Name That Tune. After a few notes,
one can take an educated guess if you know the "tune".  If I don't know, I
don't play. The market either follows the expected pattern or it doesn't.
So, there is very little risk involved in being aware of a major key level,
as one can take a position against this level with a relatively small stop
loss. If 782 works, we are looking at a level that could not only make your
year, but also make your career via $1,500 move in SPX in exchange for
perhaps risking $10 on the SPX for an approx. 150 to 1 reward to risk
ratio..  I apologize if I was at all ambigous or unclear in my last posting.
Thank you for the opportunity to clarify.

Thanks,

Norman Winski




 Or is the
> dip below 782 no longer relevant?
>
> Regards
> DanG
>
> Norman Winski wrote:
> >
> > Kent,
> >
> >   If you are going to save my forecast, please save it unedited. If you
have
> > something to add, I am sure everyone on this list would be glad to see
it.
> > So far, in regard to this analysis, you have added nothing.  If you are
> > gonig to take a shot at me, at least try to be funny. Your post didn't
even
> > have any entertainment value. Just a waste of time.
> >
> > Thanks,
> >
> > Norman
> >
> > ----- Original Message -----
> > From: "Kent Rollins" <kentr@xxxxxxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Tuesday, September 18, 2001 2:25 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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