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John,
Here is what I am "watching":
The charts show a "smaller view", then a "blowup view" of a possible retrace
to an old median line if we go below prices today (pit only). If so we may
be headed to the blowup view around 888 + or -? Below that . . .?
Smaller view sees some confluence between a "median line set" and a
"parallel line set" and just below a internal wave "count" extension (the
MOB off the 9-21 is shown below). The larger view shows again a MOB level
off the 9-21 low and more importantly a much older upper median line set off
the high. The question becomes is this a test of the down trendline (upper
median line dark blue set) if todays lows cave "pit time" and then a reflex
rally or . . .well you know?
don ewers
----- Original Message -----
From: "John Cappello" <jvc689@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Cc: <MedianLine@xxxxxxxxxxxxxxx>
Sent: Wednesday, July 10, 2002 6:16 PM
Subject: [RT] Prognosticators Anomymous
>
> After observing the down trend over the last 3 and 1/2 months, I
> noted that the day after each new yearly S&P low there occurred a
> spike the next day that recaptured [at least for a time] a major part
> of the drop. Based upon this limited "study" I am looking for the
> same bounce tomorrow.I already made my long committment.
>
> I would be interested in the forecast by Sailors, fibers, pivoters ,
> S&R er's, pitchforkers, Hurst-Fouriers and whoever else would like to
> have fun and participate in this guesstimate of what will happen
> tomorrow.
>
> Hope some of you can find the time to participate.
>
> Sincerely,
>
> John
>
>
> To unsubscribe from this group, send an email to:
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>
>
>
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>
>
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