RE: [RT] Top coming/now bottom

[ben <profitok@xxxxxxxxxxxxx>]

Hello Jim

Congratulations on a great call

We most likely make a lower low on Monday

That is the opportunity to go LONG

The low Monday should be about 1440-1444

This is not for the faint heart

The safer bet would be to wait for a close above 1477.83

Or a trade above 1471 cash intra day hi

By 8/3 07 we should be at 40-60 sp points higher

And get ready then, to go down to 1360,

8/15-8/17 may be just a tem low

The real low will come on or about 9/12-9/15

Swing machine has a low at 9/20/07

(Weekly)

Monthly Swing machine low at 10/18-10/20

And Bradley 10/17/07

Ben

 

 [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of Jim White
Sent: Tuesday, July 24, 2007 11:15 AM
To: realtraders@xxxxxxxxxxxxxxx
Subject: Re: [RT] Top coming

 

The tradable high pivot I called for came in on 7/17 for the DOW and S&P and 7/19 for the NADAQ - not quite the order I expected but right on the forecast dates.

It is now time to consider when this down move will end and if it will continue on a longer time frame basis. Friday, 7/27 appears to be a critical date - it is a Near Impulse date.

We can expect either a low pivot or an acceleration to the downside around Friday. Below  I have listed the target prices and critical weekly close values. If we close below the weekly values, look for continued decline on the weekly charts.

If we reach the first target levels and reverse, we can expect the bull to continue its run.

 

MARKET        1st Target        2nd Target        Weekly close

 

DIA                137.22                134.75            137.84

SPY                153.00                149.95            152.25

QQQQ            49.02                48.03                49.60

IWM                83.45                81.75                82.86

 

Good Trading

 

Jim White

Pivot Research & Trading Co.

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

From: Jim White

To: realtraders@yahoogroups.com

Sent: Monday, July 16, 2007 8:23 AM

Subject: [RT] Top coming

 

On 6/23 I posted that a tradable low for the major indices would occur on 6/27 or 6/28. That low was 6/27 and we are now approaching a tradable high pivot. Expect the high to occur on 7/18 or 7/19 with the NASDAQ cracking first on and possibly topping tomorrow.

 

Regards,

Jim White

Pivot Research & Trading Co.

__._,_.___

SPONSORED LINKS

Small business finance	Business finance online	Business finance training
Business finance course	Business finance schools

Your email settings: Individual Email|Traditional
Change settings via the Web (Yahoo! ID required)
Change settings via email: Switch delivery to Daily Digest | Switch to Fully Featured
Visit Your Group | Yahoo! Groups Terms of Use | Unsubscribe

__,_._,___