----- Original Message ----- 
  
  
  Sent: Thursday, October 06, 2005 7:44 
  PM
  Subject: RE: [astrofin] Fw: [RT] Spx 
  Daily
  
  Hello 
  Ben,
   
  Here 
  are some level calcs I've been using to good effect for a number of years now 
  :
   
  
  
    
    
    
    
    
      | <G> | 
      1552 | 
    
      | F | 
      1350 | 
    
      | E | 
      1248 | 
    
      | D | 
      1156 | 
    
      | C | 
      1064 | 
    
      | B | 
      964 | 
    
      | A | 
      768 | 
 
   
   
  As the 
  lettering might indicate, the scale is based upon an octave of 7 and musical 
  theory.
  Drawing 
  horizontal lines on an SPX chart at these levels has thus far produced very 
  useful
  results.
   
  I note 
  that 1064 is right in line with Clyde's Swing Machine 
  target.
  Always 
  nice when multiple tools agree, and also when such levels
  pop out 
  on the charts to the eye as well.
   
   
  Cheers,
  Darrin
   
   
   
  
    
    
     
    ----- Original Message ----- 
    
    
    Sent: Thursday, October 06, 2005 9:45 AM
    Subject: Re: [RT] Spx Daily
 
    
    See SwingMachine results on the attached.
    
      ----- Original Message ----- 
      
      
      Sent: Thursday, October 06, 2005 
      07:11 AM
      Subject: [RT] Spx Daily
      
      S&P 500 daily with hand EW counts. We are now at/close to levels 
      where market should show its true colors. Either this is a correction and 
      decline will complete at W.c.C target or move will accelerate (within a 
      couple of days) into the W.3.3 target signaling that a decline of at least 
      intermediate strength is underway. I suspect that the speed with which it 
      sliced through the LT support line is telling us it will be (at minimum) 
      an intermediate decline.
       
      That said, odds suggest that the easy money on the downside has been 
      made for the moment. I covered my short at 1201 and will re-short on 
      retracement.
       
      Earl
      
      
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