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The markets have been advancing so it is obviously
a high pivot and turn down - that is the definition of bearish.
Jim
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Norman
Winski
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Thursday, October 02, 2003 10:31
AM
Subject: Re: [RT] Mid-channel
reversal
Jim,
Does your forecasting model indicate
whether this reversal should be a high or a low?
Thanks,
Norman
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Jim
White
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx ;
<A title=gannsghost@xxxxxxxxxxxxxxx
href="">gannsghost@xxxxxxxxxxxxxxx
Sent: Thursday, October 02, 2003 1:21
PM
Subject: [RT] Mid-channel
reversal
Those of you that have been following the Hurst
methodology might want tolook at the channel positions of the major
indexes with daily data. The NearImpulse forecaster is predicting the
potential for a reversal tomorrow. Areversal at mid-channel will be very
bearish.Jim WhitePivotTrader.comHome of the Near Impulse
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