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This makes sense
with the Macro-economic scene.......corporate profits improving........all due
to lay-offs and firings......
no top-line
GROWTH evident....anywhere.
This results in a
"teetering economy" .....reminiscent of the early 1980's....except that damn
Crude Oil refuses to "tank" (ah, the power of monopolies !)
See Sun Micro as
a dire predictor of future tech potential.
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size=2>
Hello George Bush
!
Is there any
economic intelligence in Washington DC or were those smart people all fired
?
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size=2>
<BLOCKQUOTE
>
<FONT face=Tahoma
size=2>-----Original Message-----From: Jim White
[mailto:jwhite43@xxxxxxxxxxxx]Sent: Thursday, October 02, 2003 1:45
PMTo: realtraders@xxxxxxxxxxxxxxxSubject: Re: [RT]
Mid-channel reversal
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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