|
PureBytes Links
Trading Reference Links
|
Clyde,
If not inconvenient can you please post the picture
the Fourier based Hurst Channels are showing? Do they
also show cause for concern?
Thanks and Regards
Rakesh
--- Clyde Lee <clydelee@xxxxxxxxxx> wrote:
> Let's talk about the "Yellow Brick Road".
>
> The fundamental elements underlying the concept of
> the "Yellow
> Brick Road" are closely related to Andrews concepts.
>
> EVERYTHING works about pivots that setup legs of
> swings
> in the market.
>
> Andrews has a very defined method of EXTENDING lines
> that are
> supposed to represent possible paths of price
> movement. However,
> as we know there are many modifications of these
> lines.
>
> The "Yellow Brick Road" is different in that there
> are no exceptions
> and no modifications of the approach. Simply
> project the path of
> the last high pivots and low pivots and that is the
> "road" for price
> paths.
>
> If all is well and markets are behaving properly
> then the projected
> lines will be similar to the lines of Andrews and we
> should see
> similar behavior.
>
> However, if we have very significant "divergences"
> in the directions
> of the PROJECTIONS forward of the "road" then we
> have real
> cause for caution and examination of possible
> reversal of the path
> that has recently been followed.
>
> We are now in one of those divergence zones ! ! ! !
>
> Clyde
>
> - - - - - - - - - - - - - - - - - - - - - - - - - -
> - - - - - - - - - - -
> Clyde Lee phone: 713.783.9540
> SYTECH Corporation
> 7910 Westglen, Suite 105
> Houston, TX 77063 fax: 713.783.1092
> WebSite: www.theswingmachine.com
> - - - - - - - - - - - - - - - - - - - - - - - - - -
> - - - - - - - - - - -
>
> ----- Original Message -----
> From: "Rakesh Sahgal" <rakeshsahgal@xxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Monday, July 11, 2005 9:04 PM
> Subject: Re: [RT] sp500 nasdaq
>
>
> > Hi Ben,
> >
> > The Medianlines per the chart I had attached
> earlier
> > show this to be a place where there will be
> overhead
> > supply. For the past 3 days I have been watching
> the
>
>
> ------------------------ Yahoo! Groups Sponsor
> --------------------~-->
> Try Online Currency Trading with GFT. Free 50K Demo.
> Trade
> 24 Hours. Commission-Free.
>
http://us.click.yahoo.com/DldnlA/9M2KAA/U1CZAA/zMEolB/TM
>
--------------------------------------------------------------------~->
>
>
>
> Yahoo! Groups Links
>
>
> realtraders-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
__________________________________________________
Do You Yahoo!?
Tired of spam? Yahoo! Mail has the best spam protection around
http://mail.yahoo.com
------------------------ Yahoo! Groups Sponsor --------------------~-->
Try Online Currency Trading with GFT. Free 50K Demo. Trade
24 Hours. Commission-Free.
http://us.click.yahoo.com/DldnlA/9M2KAA/U1CZAA/zMEolB/TM
--------------------------------------------------------------------~->
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/realtraders/
<*> To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|