|
PureBytes Links
Trading Reference Links
|
Near Impulse theory and its application to
forecasting market turning points is described in free materials at my web site,
Pivottrader.com. In summary the theory proposes that market swings are the
result of impulses which then propagate according to a mathematical expansion
algorithm into the future, contributing to additional swings. The impulse
degrades with time so that the near impulse has the most impact on creating a
future pivot point. That is the quick and dirty version. Additional discussion
would infer that what is being propagated is a psychological impulse of various
populations of traders and investors.
Jim White
<BLOCKQUOTE
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
ptc
To: <A
href="mailto:realtraders@xxxxxxxxxxxxxxx";
title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx
Sent: Sunday, November 04, 2001 7:28
PM
Subject: RE: [RT] Retest of the 9/21
low
<FONT color=#0000ff face=Arial
size=2>Jim,
<FONT color=#0000ff face=Arial
size=2>
<FONT color=#0000ff face=Arial
size=2>Could you elaborate on what is "near impulse theory"? I get what you
are trying to say with this terminology but since you are using it, you may
have worked it out more in detail. I presume here, of course, that it is your
own terminology as I have not read it in any of the other
works.
<FONT color=#0000ff face=Arial
size=2>
<FONT color=#0000ff face=Arial
size=2>Dr.Narayan
<FONT face=Tahoma
size=2>-----Original Message-----From: Jim White
[mailto:jwhite43@xxxxxxx]Sent: Monday, November 05, 2001 12:20
AMTo: realtraders@xxxxxxxxxxxxxxxSubject: [RT] Retest
of the 9/21 low
There is a case building for a potential retest
of the 9/21 lows to occur around 11/19 to 11/21. If you look at market
symmetry, it appears a mirror image focal point occured with the low of
10/19. The swing from 10/19 low to 10/26 high matched the swing from 10/9
low to 10/17 high. Near impulse theory calls for a high pivot 0n 11/5.
If this occurs, it will match in reverse the swing from 10/4 to 10/9. The
lows of 10/9, 10/19 and 10/30 present substantial support. If prices close
below these levels (1050 on SPZ1) look for a retest of 9/21 low. Near
impulse theory has forecast a major turning point for Nasdaq, DJIA and
S&P for 11/20 to 11/21. This could be the retest low.
Additional data supporting a major turn on
these dates is as follows.
Trading days from the 8/24 high to the 9/21 low
was 20. 20 trading days from 9/21 is 10/19 the mirror image focal
point. 20 days from 10/19 is Friday, 11/16, close to the projected turn
date.
There is also information supporting the
possibility of a major high on 11/19. If the market closes above the
resistence level established by the 10/17 and 10/26 highs, I would expect a
retest of the 8/2 high around 1238. So we shall see how next week
unfolds.
Jim WhiteTo unsubscribe
from this group, send an email
to:realtraders-unsubscribe@xxxxxxxxxxxxxxxYour
use of Yahoo! Groups is subject to the <A
href="http://docs.yahoo.com/info/terms/";>Yahoo! Terms of Service.
To unsubscribe from this group, send an email
to:realtraders-unsubscribe@xxxxxxxxxxxxxxxYour
use of Yahoo! Groups is subject to the <A
href="http://docs.yahoo.com/info/terms/";>Yahoo! Terms of Service.
Yahoo! Groups Sponsor
ADVERTISEMENT
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
|