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10/8 ?
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>
----- Original Message -----
<DIV
>From:
Jim
White
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Cc: <A title=gannsghost@xxxxxxxxxxxxxxx
href="">gannsghost@xxxxxxxxxxxxxxx
Sent: Friday, October 03, 2003 8:21
AM
Subject: Re: [RT] Mid-channel
reversal
It is now obvious from the bullish employment
report that hit the market this morning that we will not have a mid-channel
reversal.It is curious, however, that the pre-market has moved close to the
top of the channel and resistance of the 9/19 high at 1039 for the emini.The
possibility of a double top reversal still exists for today.
I have noted before that three things can happen
at these Near Impulse dates: (1) Usually a reversal of trend occurs, (2) An
acceleration of current trend occurs or, (3) A congestion zone results. We
clearly are experiencing the acceleration of trend today. It remains to be
seen if the reversal will occur later today or Monday. The next set of Impulse
dates are 10/9-10.
Jim WhitePivotTrader.comHome of the Near
Impulse Forecaster
<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 10:21
AM
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
Forecaster
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