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I see a lower low tomorrow intra day and a higher close until
4/3/04
Ben
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----- Original Message -----
<DIV
>From:
<A title=delta88343@xxxxxxx
href="">delta88343@xxxxxxx
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Monday, March 22, 2004 10:40
PM
Subject: Re: [RT] SP 3-22-04
Next projected turn 3/30 +/-.....most recent projected turn (high) of
3/22 occured on Thursday 3/18, two trading days ago. (early points are
indication of weakness)
We are entering an area known as the "inversion time window" in Delta
speak. A number of things can happen. Points can invert i.e. a projected
low becomes a high and vice versa (cycle points flip flop...low points become
high points and vice versa) which would hold throughout
the next complete cycle. The inversion time window is the only area
where this can happen. Volatility increases. The largest moves can
occur.
In a message dated 3/22/04 9:50:37 PM Eastern Standard Time,
nwinski@xxxxxxxxxxxxx writes:
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Delta,
So are you indicating a possible turn
circa 3/23 or 3/24? Do you know think it will be a low?
Thanks,
Norman
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