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Clyde , Ralph , Ira.....et all: I
have many arrows in my quiver.. Symmetry is only one thing I look at and I
don't marry anything. I've had downside targets on S & P since
the day after the may high.. First target was given right off the top and
was met within cents on the last day June SPU traded. Sept met
it's target before it went off the board... The point I was making in my
original post was that just because it went below the uptrend line yet and
managed to close a hair above it Fri. did not mean that the bull was saved
because it was the end of the month......... my point was that it looked to me
like (using symmetry which has been working) that there was limited if
any upside beyond Friday's close and likely S & P would roll
over.......... At that point.. was when the posts changed the subject of
symmetry and if it did or did not work..... <FONT
face=Wingdings>J
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Clyde Lee
To: <A
href="mailto:realtraders@xxxxxxxxxxxxxxx";
title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx
Sent: Sunday, September 30, 2001 12:08
AM
Subject: Re: [RT] INDU
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- - -
- - - - - - - - - - - - - - - - - - - - - - - - -
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
<A href="mailto:dorothy.carter@xxxxxxxx";
title=dorothy.carter@xxxxxxxx>Dorothy Carter
To: <A
href="mailto:realtraders@xxxxxxxxxxxxxxx";
title=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 To
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