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Title: Mensaje
Nice
work. Attached are my models that are telling something similar; top or near a
top.
Attached is a picture of the Total
Market Model mentioned in a previous post. The model is composed of indexes
representing all the stocks on the three major exchanges. The bottom model
assigns equal weight to the three exchanges. As you can see it has reversed
to the downside. The blue line considers each index in proportion to the
total stocks on each exchange. It is nearing a reversal in the next several
days. The Forecaster projects trend changes for all major indexes on
Friday/Monday. A similar model of all 30 stocks in the DJIA went bullish on
Monday With the markets essentially ignoring record energy prices, it would
appear a significant new bearish impulse would be necessary to turn the
markets around. It is some what uncanny that major unplanned impulses often
occur around the Near Impulse dates. Be aware and cautious.
Jim
White
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