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Re: [astrofin] Fw: [RT] Spx Daily

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Hello
my work suggests a  higher low for Monday and  a higher high
(for both NASDAQ and sp500)
my   stay on a buy close is at 1203.07   on sp cash
my stock pick is kwk   which should  make a higher high and higher close
Ben
----- Original Message -----
Sent: Friday, October 07, 2005 3:33 PM
Subject: RE: [astrofin] Fw: [RT] Spx Daily

Hello Ben,
 
So far you're right about an up swing.
 
So far it hasn't been able to climb above even the first, 10 minute chart resistance.
 
Doesn't mean it won't but it sure looks weak at the moment.
 
Time will tell.
 
Cheers,
Darrin
 
 
-----Original Message-----
From: astrofin@xxxxxxxxxxxxxxx [mailto:astrofin@xxxxxxxxxxxxxxx] On Behalf Of Ben
Sent: Thursday, October 06, 2005 4:59 PM
To: astrofin@xxxxxxxxxxxxxxx
Cc: Vincent DONOVAN (E-mail); realtraders@xxxxxxxxxxxxxxx
Subject: Re: [astrofin] Fw: [RT] Spx Daily

hello
 
this will be the ultimate low 1156
however
starting tomorrow we will have a powerful up swing to 1220
then
we fall   to 1156
this time nasdaq will underperform  sp500
best regards
Ben
----- 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-----
From: astrofin@xxxxxxxxxxxxxxx [mailto:astrofin@xxxxxxxxxxxxxxx] On Behalf Of Ben
Sent: Thursday, October 06, 2005 6:51 AM
To: astrofin@xxxxxxxxxxxxxxx; ntt-list@xxxxxxxxxxxxxxx
Subject: [astrofin] Fw: [RT] Spx Daily

 
----- Original Message -----
From: Clyde Lee
Sent: Thursday, October 06, 2005 9:45 AM
Subject: Re: [RT] Spx Daily

See SwingMachine results on the attached.
----- Original Message -----
From: EAdamy
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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