Re: [RT] SP 4-30-04

["Charles Meyer" <chaze@xxxxxxxx>]

Lee-
 
I apologize for asking what might be a repeat question; but is this based 
on Wilder's delta theories?  I'm assuming the
big black dots are moon phases?  Thanks for any feedback.
 
Chas
<BLOCKQUOTE dir=ltr 
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  ----- Original Message ----- 
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  >From: 
  <A title=delta88343@xxxxxxx 
  href="">delta88343@xxxxxxx 
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="">realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Sunday, May 02, 2004 9:17 PM
  Subject: [RT] SP 4-30-04
  
   
  As mentioned in my previous post, we were entering an area of time where 
  things could get very volatile and they sure did. 
   
  Definitive rotation of this cycle was also unclear, at least to me. 
  But now it has come into sharp contrast.
   
  As you can see from the attached chart, we made the projected high on 
  4/9, more of a choppy plateau than a peak, then had a roller 
  coaster ride down to the projected low on 4/20. Looking at things on a 
  daily basis, this cycle then inverted, making an "in between point" high 
  (on a daily close basis) on 4/23 then proceeded down to the next projected 
  point & low of 4/30...which is where it sits now.
   
  I'm not saying this "is" the low for this current swing down, but it 
  could be. We'll see tomorrow. Anyway, we should have an up bias for 
  the next 5 days if all is well.
   
  If this low persists however, then I would expect, perhaps, 
  an early high which technically is due in 5 days. If that's the 
  case, then I would expect this current low would be taken out with the next 
  low point due on 5-14 or 5-17. This could be the scenario since we are still 
  in and moving towards (so far) a projected medium term low due mid May. 
   
  How strong this next move up on the shorter time frame could tell a lot 
  about the next 2 weeks.     
   
  If there is a stronger low in 2 weeks on 5/14-17, that "could" 
  signal the end of this overall down move since 4/9 due to a confluence of 
  2 cycle lows due mid may; both the intermediate term and medium term 
  cycles.  
   
  Time will tell.
   
  Lee
  
  

  
  
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