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this is why I recommended to be OUT or
short
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Kent
Rollins
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Saturday, September 07, 2002 9:31
PM
Subject: Re: [RT] Re: [wheelsinthesky]
Re: S&P Square
And if the world is going into a deflationary depression, is
gold really a good idea?
Kent
----- Original Message -----
From: <A
title=profitok@xxxxxxxxxxxxx href="mailto:profitok@xxxxxxxxxxxxx";>profitok
To: <A title=wheelsinthesky@xxxxxxxxxxxxxxx
href="mailto:wheelsinthesky@xxxxxxxxxxxxxxx";>wheelsinthesky@xxxxxxxxxxxxxxx
Cc: <A title=gannsghost@xxxxxxxxxxxxxxx
href="mailto:gannsghost@xxxxxxxxxxxxxxx";>gannsghost@xxxxxxxxxxxxxxx ; <A
title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Saturday, September 07, 2002 8:48 PM
Subject: [RT] Re: [wheelsinthesky] Re: S&P Square
Be careful on this up train north
I suspect that it may not take you higher
than Fri. high,,
and if it does,
Take it as a gift to short,,
moving to gold,, if you are not out,, use any strength
Monday to bail out
Ben
(comments welcome)
nice week end
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Joe
Morrison
To: <A
title=wheelsinthesky@xxxxxxxxxxxxxxx
href="mailto:wheelsinthesky@xxxxxxxxxxxxxxx";>wheelsinthesky@xxxxxxxxxxxxxxx
Sent: Saturday, September 07, 2002 8:20
PM
Subject: Re: [wheelsinthesky] Re:
S&P Square
Lorin,
My analysis of this chart goes like this:
Top at 1553, Second top at about 1525
Low at 8.56% down from 1553 = 1420 (Ideal is
8.66%)
Low at 15.66% down from 1553 = 1310 (Ideal is
16.66%)
Low at 19.5% down from 1553 = 1250 (Ideal is
25%)
Double Low at 29.8% down from 1553 = 1090 (Ideal is 33.33%
or 2 x 16.66%)
Low at 39.5% down from 1553 = 940 (Ideal is 43.33% or 5 x
8.66%)
Low at 50% down from 1553 = 776 (Ideal is 50%, which was
met perfectly)
Notice where I use the numbers 1, 2, and 5... just like
the # of planes on the cover. :))
Time wise I suppose there is a similar formula, but I have
not been able to figure it out.
I am reading Bradley Cowan's 4D Market books right now, so
I hope to learn what I'm missing here!!!
You can really help me out here and I am very serious
about this. Major TIA!!!
So, using my inter-market analysis I determined that even
though SP500 has hit 50%
the Dow has not. So there must be MORE downward
thrust coming. This is where I
agree with Haytham and Ben that we are not
done.
There is probably a short term upward trend for a while...
is this the ride you are on?
JoeTo
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