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OK,
I have looked at the various possibilities presented and seek an
educational. Admittedly, the line you point out "right now" is headed
lower into November. By the same token, if "right now" were read a few
bars back a line would be going up into the 1150's.
So was the Swing Machine wrong a few bars back and right on track now. And
how does one know which is correct?
Please do not dismiss this as being picky. They are questions I have had
for a long time and am willing to learn. And I am not looking for the
wrath of Clyde since I believe this is a legit question that perhaps
others either know the answer to or are afraid to show they do not know
the answer.
Sincerely,
John
> Don't have the foggiest idea who John's "Mr. Market" is or what
> is the basis of his claim to fame.
>
> I do know what "The Swing Machine" is all about and am presenting an
> analysis of daily data going back 30 years. This evaluates EVERY swing
> of the selected magnitude over that period.
>
> Taking all these swings, using the time interval for and the price
> interval of the first leg of each 3 leg set, data was averaged into 5
> sets of averages which should represent what COULD be price/time paths
> for the
> SP 500 Cash market.
>
> Comments on the chart indicate which prices currently are following one
> of the paths presented. You will notice there were two prior attempts
> to top and both of these failed. No guarantee that this
> one will not fail also.
>
> Let this play out and see where things go. Me, I ain't long ! ! !
>
> Clyde
>
> Most interesting thing I've seen (other than this) was Norman's
> "spread". VERY VERY VERY VERY interesting. Gotta get time
> to do that going back forever and see what things say. Thanks
> Norman.
>
> cl
> - - - - - - - - - - - - - - - - - - - - - - - - - - - -
> Clyde Lee Chairman/CEO (Home of SwingMachine)
> SYTECH Corporation email: clydelee@xxxxxxxxxxxx
> 7910 Westglen, Suite 105 Office: (713) 783-9540
> Houston, TX 77063 Fax: (713) 783-1092
> Details at: www.theswingmachine.com
> - - - - - - - - - - - - - - - - - - - - - - - - - - - -
>
> ----- Original Message -----
> From: Rhonda Guilbeaux
> To: realtraders@xxxxxxxxxxxxxxx
> Sent: Wednesday, September 24, 2003 8:51 PM
> Subject: Re: [RT] Hurst 4 chart
>
>
> Ben,
> Price will lead the way.. and as of present time. a daily close below
> 1019 has strong implications.. going forward.. weekly close below
> it.. especially...
> Best,
> Rhonda
> ----- Original Message -----
> From: profitok
> To: realtraders@xxxxxxxxxxxxxxx
> Sent: Wednesday, September 24, 2003 8:48 PM
> Subject: Re: [RT] Hurst 4 chart
>
>
> Mr. market is calling for yearly high on 10/10/03
> plus or minus 2 days
> Ben
> ----- Original Message -----
> From: "Navtej S. Nandra (RR)" <nnandra@xxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Wednesday, September 24, 2003 9:33 PM
> Subject: Re: [RT] Hurst 4 chart
>
>
> > John,
> > Can't let a post like that go unnoticed! What are the
> possibilities you
> see
> > "Mr. Market" making and why?
> > Navtej
> >
> > ----- Original Message -----
> > From: <jvc689@xxxxxxx>
> >
> >
> > > Dear Rhonda,
> > >
> > > I too enjoyed your post and chart. Also the use of "possible
> high for
> the
> > > year" makes it a pretty safe call.
> > >
> > > On that basis, I think the possible high for the year may not
> have yet been seen. We will let Mr. Market tell us.
> > >
> > > I would not be selling short just yet.
> > >
> > > Sincerely,
> > >
> > > John
> > >
> > > > Great work, much appreciated.
> > > > n
> > > >
> >
> >
> >
> > To unsubscribe from this group, send an email to:
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> >
> >
> >
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> >
> >
>
>
>
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