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Re: [RT] how low S&P monday or tuesday- magical 34



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I simply like cycles that are dominant cycles,,
and it seems that the old  fibo is at it again,,   3,, 5,,8  ,, 13 ,, 21,,
34,,  etc
hope this helps
Ben

From: "M. Simms" <prosys@xxxxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Sunday, April 07, 2002 6:25 PM
Subject: RE: [RT] how low S&P monday or tuesday- magical 34


> I've heard of this number before....can someone explain to me the magic of
> "34" for a lookback period ?
>
> Does it only apply to Daily bars or does it have merit for intraday as
well
> ?
> Also, if "34" is so magical, why didn't Tom Joseph use a 5-34 oscillator
> instead of a 5-35 ;)
>
>
> > -----Original Message-----
> > From: profitok [mailto:profitok@xxxxxxxxxxxxx]
> > Sent: Sunday, April 07, 2002 2:15 PM
> > To: realtraders@xxxxxxxxxxxxxxx
> > Subject: Re: [RT] how low S&P monday or tuesday
> >
> >
> > for short term trading I use  34 day high and Low
> > Ben
> > ----- Original Message -----
> > From: "bluesinvestor" <investor@xxxxxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Sunday, April 07, 2002 2:07 PM
> > Subject: RE: [RT] how low S&P monday or tuesday
> >
> >
> > > Ben,
> > >
> > > How are you getting your high and low values?
> > >
> > > Thanks in advance,
> > > Peter
> > >
> > > -----Original Message-----
> > > From: profitok [mailto:profitok@xxxxxxxxxxxxx]
> > > Sent: Sunday, April 07, 2002 1:46 PM
> > > To: realtraders@xxxxxxxxxxxxxxx
> > > Subject: [RT] how low S&P monday or tuesday
> > >
> > >
> > > A break of the 1117   will be  dangerous
> > > could mean  1080   is next
> > > ----- Original Message -----
> > > From: "profitok" <profitok@xxxxxxxxxxxxx>
> > > To: <gannsghost@xxxxxxxxxxxxxxx>
> > > Sent: Sunday, April 07, 2002 12:57 AM
> > > Subject: Re: [gannsghost] Re: Mirror S&P
> > >
> > >
> > > > Hello Jason
> > > > you ask how low  in sp500
> > > > MM   I plugged the last 34 day high and low
> > > > and look at the gif for your answer
> > > > it gives both  support and profit objective
> > > > best regards
> > > > Ben
> > > > ----- Original Message -----
> > > > From: "jseaton357" <jseaton357@xxxxxxx>
> > > > To: <gannsghost@xxxxxxxxxxxxxxx>
> > > > Sent: Saturday, April 06, 2002 11:23 PM
> > > > Subject: [gannsghost] Re: Mirror S&P
> > > >
> > > >
> > > > > Ernesto, this is exactly what I was talking about a few weeks ago
> > > > > when I tried to point out a H&S pattern on the daily chart and why
I
> > > > > said "1120ish area" as possible support.  Good time extension
> > > > > analysis you did...just another reason I'll be looking at Mon as
> > > > > likely support for some type of rally event, whether it be
> > just a few
> > > > > days or an entire month into May 8th area.
> > > > > -Jason
> > > > > --- In gannsghost@xxxx, "Ernesto Laban" <e.h.laban@xxxx> wrote:
> > > > > > Looks like a mirror image. Tomorrow  ( April 5th) will be the
> > > > > > 161.8 % time extension.
> > > > > > Ernesto
> > > > >
> > > > >
> > > > >
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