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This is not about symmetry -- I'll get to
that later.
This is about long term evaluation of
potential targets for
SP based on history.
The attached is a picture of potential
targets for the SP
based on historical data from 1930.
If I get a chance I'll dig out the exact
markets where the
equivalent of the less than 800 targets
occurred in the past
so we can see a better view of how this
does or does not
match history.
Right now we are in the nether-nether land
between two short
targets (we passed them) and two long
targets (and that is
really a stretch to reach).
History says we are in a bear and will be
for a bit ! ! !
Just for your information, this same
picture has existed for
a total of 13 weeks using this same
analysis. What would you
have thought 13 weeks ago about this
projection. Could/would
you believe it -- not magic, just
history.
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
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:
Dorothy
Carter
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx">realtraders@xxxxxxxxxxxxxxx
Sent: Saturday, September 29, 2001
11:36
Subject: Re: [RT] INDU
Ralph: I agree with you that Symmetry
does not ALWAYS work. I've been bitten by it before as I have a
cycle that
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