Re: [RT] 20 week cycle

[Ben <profitok@xxxxxxxxxxxxx>]

charles

 

unless 1185 is taken out on cash

we are still in a long term long

i still see 1250-1275 in 10-15 days

 

we should start that up move right after expiration

Ben

----- Original Message -----

From: ChasW

To: realtraders@xxxxxxxxxxxxxxx

Sent: Wednesday, September 14, 2005 7:49 PM

Subject: [RT] 20 week cycle

from walterbressert.com

 

The 4-year cycle in the stock market is due to top. In the S&P Index, that 4-year cycle top could be occurring now as the 20-week cycle tops at 1245 the week of 7/29. Expect a decline into the 20-week cycle bottom at the 50% retracement level at 1190. A Friday close below 1190 would indicate that prices could drop to the 78.6% retracement level at 1158. It would not be unusual for prices to make a 20-week cycle bottom; then move up and fail to exceed the recent high at 1245. That failure pattern would be a strong indicator that the 20-week cycle top is in place and the 4-year cycle top is most likely also in place. The 20-week cycle is most likely to bottom the week of 8/19 thru 9/16

---

No virus found in this incoming message.
Checked by AVG Anti-Virus.
Version: 7.0.344 / Virus Database: 267.10.24/101 - Release Date: 9/13/2005

SPONSORED LINKS

Business finance uk	Business finance course	Business finance online course
Business finance class	Small business finance	Business finance schools

---

YAHOO! GROUPS LINKS

•  Visit your group "realtraders" on the web.
   
•  To unsubscribe from this group, send an email to:
   realtraders-unsubscribe@xxxxxxxxxxxxxxx
   
•  Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.

---

No virus found in this outgoing message.
Checked by AVG Anti-Virus.
Version: 7.0.344 / Virus Database: 267.10.24/101 - Release Date: 9/13/2005