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I am sending you a special message regarding the
importance of 3/28/03 to the markets. This message was included in my Daily
Commentary for Monday, 3/17 however, I believe it is significant enough
importance for a wider distribution.
COMMENTARY
Importance of 3/28
NOTE: I have expanded the pivot date forecasts to the end of March because of
the potential importance of these dates. You will note that every index and ETF
shares a common daily forecast date of 3/28. The importance of this date is
emphasized by the fact that on a weekly basis the indexes and ETF’s ALSO share a
date of 3/28. This confluence of forecast dates on a daily and weekly basis
rarely occurs. Consequently I believe this signifies a major turning point in
the markets. Since the dominant trend is down, I hope this turns out to be a
significant low. It could correspond with a termination of the war in IRAQ. If,
however, the market advances into this date with hopes of a peaceful settlement,
it could signify a major high as the war breaks out. I bring this to your
attention because it is important that you begin to prepare for either
outcome.
Best Regards,
Jim WhitePivotTrader.comHome of the Near
Impulse Forecaster
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