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Let us just look at the "mechanical" answers.
I know that most of you think I'm a bit nuts about this but
unless
you can find a way to consistently present a scenario for
what
"might" happen then it is kinda "wishey washey" -- this
may
be wrong but it is certainly well established.
Clyde
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-Clyde Lee
Chairman/CEO (Home of
SwingMachine)SYTECH
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size=3>clydelee@xxxxxxxxxxxx 7910 Westglen,
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<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
EarlA
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Wednesday, March 24, 2004 8:28
PM
Subject: Re: [RT] SP 3-24-04 Bullish
Divergence?
We've had bullish divergences in breadth
models and momentum measures for days now with no bounce worth mentioning. I
think there is significant risk that this thing falls out of the bottom of the
rectangle.
Earl
<BLOCKQUOTE dir=ltr
>
----- Original Message -----
<DIV
>From:
<A title=delta88343@xxxxxxx
href="">delta88343@xxxxxxx
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Wednesday, March 24, 2004 6:27
PM
Subject: [RT] SP 3-24-04 Bullish
Divergence?
Is there the beginnings of some bullish divergence here?
As I stated in my previous email, we are approaching a period in time
where the rotation of the points can flip flop.
Though we are approaching a projected low, it could be come a high
due to an "in between point" which could be the potential low forming now.
If we then rise to the pending projected point due 3/30 +/- we would have
had an inversion (low point becomes high) and then the remainder of the
cycle points should then follow suite (unless we have a double
inversion).
Is anyone's work projecting a move up over the next 4+/- days. Though
stochastics are not totally reliable, we are showing some oversold
conditions based on my stoch settings.
Time will tell.
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