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Hello Ernie,
you might look into a program called SnagIt. It makes capturing
images and creating gif and other formats very easy. I've used it for
a year now and actually prefer it to printing charts with
TradeStation. $10 or so.
Best regards,
Jim Johnson mailto:jejohn@xxxxxxxxxxx
--
Saturday, August 24, 2002, 10:14:35 PM, you wrote:
HE> I had to make this chart with Excel so it is lacking in aesthetic appeal,
HE> but the information is there. My primary charting software does not allow me
HE> to save charts as a gif or any other standard format. Oh well, enough of my
HE> problems hopefully this will work.
HE> I am sincerely sorry for clogging your e-mail with my mess-ups. I will do
HE> better in the future.
HE> E
HE> -----Original Message-----
HE> From: Hill, Ernie [mailto:ernie.hill@xxxxxxxxxx]
HE> Sent: Saturday, August 24, 2002 7:46 PM
HE> To: 'realtraders@xxxxxxxxxxxxxxx'
HE> Subject: [RT] SPX forecast
HE> This post is an excerpt from a post to the snpforecasts list.
HE> http://groups.yahoo.com/group/snpforecasts
HE> <http://groups.yahoo.com/group/snpforecasts>
HE> And is in reference to the S&P 500 cash index.
HE> There are three valid target ranges for the next turn low. They are 927-934,
HE> 910-913, and 876-885. None of the three stands out above the others as the
HE> most likely target. We will of course have to let the market tell us which
HE> one will be correct. I will therefore, only deal with the first target for
HE> now. Should the first target fail to redirect prices upward I will then
HE> present my case for the next target.
HE> For those of you who are familiar with Elliott Wave Analysis (EWT) I have
HE> attached a chart, which gives my preferred wave count for the current
HE> corrective wave structure that began from the 7-24 low. I believe we are
HE> currently in impulse wave 3 of a large "A" wave. 8-22 completed minor wave
HE> iii of impulse wave 3. We are now forming minor wave iv of impulse wave 3.
HE> The first target for minor wave iv is 927-934. There are two important wave
HE> relationships that support this target. First a .382 retracement of minor
HE> wave iii which began on 8-14 and terminated on 8-22 yields a price target of
HE> 930.98. .382 retracements are common for fourth waves. Secondly wave ii
HE> consisted of 37.69 points. If wave four is of equal length, this would
HE> target 927.15.
HE> Additionally in my 8-11 post I cited several technical aspects most relating
HE> to my timing models that suggested that we were in the midst of a very
HE> strong medium term up-trend. During strong moves four waves typically
HE> correct 38.2% of the preceding three wave. Therefore, the current strength
HE> being exhibited in the market lends more support to the likelihood of a .382
HE> retracement move for the current iv wave.
HE> If the 927-934 target range holds up as the termination point for the next
HE> minor turn low my timing model suggests it will occur during the 8-27 to
HE> 8-29 time frame. If this level fails to hold support I will then discuss the
HE> 910-913 target range.
HE> ******************************************************************
HE> This email and any files transmitted with it from the ElPaso
HE> Corporation are confidential and intended solely for the
HE> use of the individual or entity to whom they are addressed.
HE> If you have received this email in error please notify the
HE> sender.
HE> ******************************************************************
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