Re: [RT] next high

["Jim White" <jwhite43@xxxxxxxxxxxx>]

We should be reaching another near term high on Thursday or Friday(Near Impulse dates). This time, the NASDAQ should lead the way down.

 

Jim White

Pivot Research & Trading Co.

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

From: Jim White

To: realtraders@xxxxxxxxxxxxxxx

Sent: Wednesday, September 19, 2007 7:30 AM

Subject: [RT] next high

Good morning everyone.

 

My work suggests that the impulse from the Fed rate cut should expire by tomorrow and the markets should resume a downward bias. Tomorrow, 9/20, is a Near Impulse day for all major market indices indicating a high pivot.

 

On another matter - has anyone on the list investigated the work of John Taylor? If so and you would like to compare notes, contact me privately.

 

Thanks.

 

Jim White

Pivot Research & Trading Co.

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