Re: [RT] SP 5-6-04

["Clyde Lee" <clydelee@xxxxxxxxxx>]

Just to add a bit different perspective.
 
Clyde
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<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  <A title=delta88343@xxxxxxx 
  href="">delta88343@xxxxxxx 
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="">realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Thursday, May 06, 2004 8:46 
PM
  Subject: Re: [RT] SP 5-6-04
  
  
  In a message dated 5/6/04 9:30:54 PM Eastern Daylight Time, <A 
  href="">nwinski@xxxxxxxxxxxxx writes:
  <BLOCKQUOTE 
  >
    Howdy Delta,
     
           My 
    stock market sentiment indicator moved into the buy zone tonight, indicating 
    the market should be at a low within 1-2 days. There is one short 
    term cycle activating tomorrow which usually triggers a 1-2% correction 
    over 1-2 days.  My cycles analysis indicated a flat and choppy week for 
    this past week and up next week leading to a May 17-18 peak.  So, there 
    should be a low by Monday's opening and then perhaps about up about 
    5% into mid May.  Watch also for a possible peak in crude oil 
    prices circa May 17.
     
    Regards,
     
    Norman
  I certainly would not want to bet against you Norm, but I would have to 
  totally invert my highs and lows to make that scenario fit. Then the points 
  instead of looking pretty well on time, would be rather early and rather late. 
  This would not be the first time however where the "ugly fit" in the beginning 
  of a cycle turned out to be the proper one.
   
  We seem to both have our time frames synchronized, but we're on opposite 
  sides of the cycles. 
   
  As stated above, If you're right, this is just one of those scenarios 
  where the "prettiest fit" does not necessarily wind up being the proper 
  one. If that's the case, and we are up for the next week as opposed 
  to down, I'll certainly be assured at that point what the proper rotation 
  is for the remainder of this cycle.
   
  Thanks
   
  Lee      







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