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Cal,
The 16th was recorded as a failure as I indicated. The pivot did not occur
however neither did a trade following my rules.
The extera date comes from the evolving market. The dates on the web site
were run before the quarter started. I run the analysis every day so as of
today, another turn point has been forecast. To determine if it is a high or
low , you must follow the market action into the forecast window.
Hope this helps your understanding .
Jim
----- Original Message -----
From: "Cal" <temp986@xxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, October 23, 2002 9:07 AM
Subject: [RT] Re: OEX forecast
> --- In realtraders@xxxx, "Jim White" <jwhite43@xxxx> wrote:
> > Todays action in the OEX is initial confirmation of the high pivot
> forecast for 10/21.
>
> dates from your site*************
>
> 10/9-10 ******* a low no doubt & widely published by many
>
> 10/16 ??????????????
>
> 10/21 ******** probable S/T high
>
> I'm putting in your 11-04 as it's not on site??????????
>
> 11/08
>
> 11/15-16
>
> 11/25
>
> 12/23
>
> 12/30-31
>
>
>
> A close today under 448 will be final confirmation..
>
> Ok but what confirms the 16Th? as a low. my cycle guy had the 9Th as
> a low and the 18Th plus or minus a day as a high but said to expect a
> zigzag market, Bingo!
>
> ////////////////////
>
> So far this quarter, 3 of 4 forecasts using the Near Impulse
> methodology have been successful, resulting in profitable trade
> opportunities. The 4th forecast failed but did not result in a
> trade.The next forecast date is 11/04.
>
> //////////////////////////
>
> so would 11/4 be another invert to a high? Or is the 8Th a low or
> high?
> With the elections, Fed and options pre week all coming into play in
> 2 weeks to predict via cycles is pretty risky IMO.
>
> Not trying to be a wise guy but trying to understand where the extra
> dates are suddenly being slipped in from.
>
>
>
>
>
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>
>
>
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>
>
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