Re: [RT] Whats next

["Jim White" <jwhite43@xxxxxxxxxxxx>]

Long,

Near Impulse Theory says that the conditions surrounding the LAST pivot influence the timing and pricing of the NEXT pivot. So we must wait until the high pivot is formed to get some idea of the next low.

 

Regards,

Jim White

Pivot Research & Trading Co.

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

From: Long Chuanren

To: realtraders@xxxxxxxxxxxxxxx

Sent: Thursday, August 23, 2007 12:52 AM

Subject: RE: [RT] Whats next

Hi Jim

Where is your next impulse date for a low?

And what kind of levels you will be looking at?

With Metta,

Long

---

From: realtraders@yahoogroups.com [mailto:realtraders@yahoogroups.com] On Behalf Of Jim White
Sent: Thursday, 23 August, 2007 1:38 AM
To: realtraders@yahoogroups.com
Subject: [RT] Whats next

All indices put in a low pivot on 8/17 and have had four days of up movement. All indices are at price levels for a bearish reversal and are entering Near Impulse windows for a trend change. The most likely scenario is for a high pivot between Thursday and Monday and another leg down. The weekly and monthly charts still indicate the bear to continue.

Regards,

Jim White

Pivot Research & Trading Co.

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