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My time frame is next week for NASDAQ new low..
sp probably will hold relatively well compare to NASDAQ decline
as for the next month
My forecast is only good for 3-5 days
However
there is BETTER than 90% probability that both will be 5-8% lower in a
few weeks
time frame about 3/15-3/22
Ben
----- Original Message -----
From: "dowsp" <dowsp@xxxxxxxxx>
To: <gannsghost@xxxxxxxxxxxxxxx>
Sent: Monday, February 18, 2002 6:43 PM
Subject: [gannsghost] Re: spx vs dow
>
>
> What time frame are you talking about? this week or for month or
> longer.
>
> I wud expect Probably that both spx and dow could soon go down into
> March. Although in yr 2000 they went in different directions, with
> the spx topping in march /dow topped in Jan and bottomed in march.
>
> I do expect dow to top around 10k again this week and atempt a break
> below 9900 by friday. I would expect spx to follow soon downwards.
>
> I am not sure about nasdaq as its already at severe lows.
>
> But That wont stop me looking to go long again IF 10k breaks again.
> I follow the swings.
>
> Pete
>
>
>
> --- In gannsghost@xxxx, profitok <profitok@xxxx> wrote:
> > thanks
> > it does help
> > my view is we make a lower low on NASDAQ but NOT sp500
> >
> > most likely some time this week
> > nice evening
> > Ben
> > ----- Original Message -----
> > From: "dowsp" <dowsp@xxxx>
> > To: <gannsghost@xxxx>
> > Sent: Monday, February 18, 2002 8:09 AM
> > Subject: [gannsghost] Re: spx vs dow
> >
> >
> > >
> > > Ben,is it?
> > >
> > > That prediction worked almost too well, they are not all that
> good.
> > > I just had 10,000 to 10050 as my next level IF 9900/43 got broke.
> > >
> > > All I can go off is that IF the JAN 10300 top is to hold for some
> > > time, the 10o50 target was a 66.6% retrace of the 10300 - 10530
> range.
> > >
> > > The 66% retrace does work often on the dow. MY only problem was
> that
> > > the spx wasnt seeming to fall onto a retracement level that I
> would
> > > be happy with, I dont think it found resistance at either a 38 or
> 50%
> > > of the same timeframe range ie about 1177 - 1079.
> > > So this does put a slight element of doubt in my mind as to
> whether
> > > the Dow will hold at this top.
> > >
> > > I AM HOPING IT DOES.
> > > I do believe that the markets should continue their decline. There
> > > were a 180 trade day and 144 cal cycle last week so timing wise
> also
> > > was in tune for a top.
> > >
> > > I think 9900 may prove difficult to break below so we may well
> get a
> > > move up come tuesday.
> > >
> > > If we break 9900 I wud expect a fair decline to occur into March
> at
> > > least.
> > >
> > > So for now the dows in an important band of support / resistance.
> > >
> > > Look for a break.
> > >
> > > I however am looking to short if we get to 50 to 66% of the
> 10050 -
> > > 9900 range. OR maybe IF 9900 breaks within early tuesday
> > >
> > > Hope this helps
> > >
> > > Pete
> > >
> > >
> > >
> > > --- In gannsghost@xxxx, profitok <profitok@xxxx> wrote:
> > > > Now that the week is over,,
> > > > Where do you think we go from here?
> > > > ----- Original Message -----
> > > > From: "dowsp" <dowsp@xxxx>
> > > > To: <gannsghost@xxxx>
> > > > Sent: Thursday, February 14, 2002 1:14 AM
> > > > Subject: [gannsghost] Re: spx vs dow
> > > >
> > > >
> > > > >
> > > > > I know you were bullish to 1250 spx the 50%Retraca of main
> range,
> > > > >
> > > > > I can only take it stage by stage based on other smaller
> rages,
> > > this
> > > > > may well eventually run to your level if next targets broke.
> This
> > > wud
> > > > > be if Jan tops break should 10050 break on dow,
> > > > >
> > > > > I am not good enough to risk a prediction that far in one
> step, it
> > > > > would just be a guess based on Ganns 50% rule.
> > > > >
> > > > > see what rest of week brings
> > > > >
> > > > > 10345 wud be intresting thats a 62% retrace of dows main
> range and
> > > > > almost a double top at a 8.3% gann %, 9910 was a 4.16% from
> the
> > > 9530
> > > > > low, so the next in series cud be likely target if we do
> approach
> > > > > towards there.
> > > > >
> > > > > pete
> > > > >
> > > > > --- In gannsghost@xxxx, "jseaton357" <jseaton357@xxxx> wrote:
> > > > > > QQQ did retrace 50% along with some other simple geometry
> and
> > > that
> > > > > is
> > > > > > one reason I became bullish at that bottom along with
> geometry
> > > at
> > > > > > 1081 and then 1079 but I seemed to be alone in my bullish
> > > thoughts
> > > > > at
> > > > > > that time.
> > > > > > -Jason
> > > > > >
> > > > > >
> > > > > > --- In gannsghost@xxxx, "dowsp" <dowsp@xxxx> wrote:
> > > > > > > Dows retraced about 62% of its range since Jan top, spx
> hasnt
> > > > > even
> > > > > > > retraced 50%. This does concern me that dow may go higher.
> > > > > > >
> > > > > > > HAS ANYONE compared a 4 yr spx chart against a 6 month
> chart.
> > > > > > >
> > > > > > > The recent topping actions very similar to the Topping in
> > > 1999 to
> > > > > > > 2001.
> > > > > > >
> > > > > > > Similar formations.
> > > > > > >
> > > > > > > Pete
> > > > >
> > > > >
> > > > > To unsubscribe from this group, send an email to:
> > > > > gannsghost-unsubscribe@xxxx
> > > > >
> > > > >
> > > > >
> > > > > Your use of Yahoo! Groups is subject to
> > > http://docs.yahoo.com/info/terms/
> > > > >
> > > > >
> > >
> > >
> > >
> > > To unsubscribe from this group, send an email to:
> > > gannsghost-unsubscribe@xxxx
> > >
> > >
> > >
> > > Your use of Yahoo! Groups is subject to
> http://docs.yahoo.com/info/terms/
> > >
> > >
>
>
>
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>
>
>
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