Re: [RT] What will market do.

["Jim White" <jwhite43@xxxxxxxxxxxx>]

Here is an update on the analysis below:

11/7 occurred as a short term high after two up days. The Impulse resulted in a very strong down day.

The next date offered was 11/13, today and should mark a short term low. We will not know how strong the impulse is until the day closes but remember this week is a Near Impulse week as well.

I just did a scan for very probable long trades in DJIA and NDX 100 - they are listed below. I am not convinced we are at a longer term bottom so recommend closely monitoring long trades.

THE LIST:

HD

GM

IBM

MMM

AAPL

BRCM

CDNS

CHKP

CMCSA

CTSH

DISCA

DISH

EXPE

GRMN

INFY

JNPR

LBTYA

LEAP

NIHD

ORCL

PETM

SBUX

TLAB

VMED

Regards,

 

Jim White
Pivot Research & Trading Co.
PivotTrader.com

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

From: Jim White

To: realtraders@xxxxxxxxxxxxxxx

Sent: Friday, November 02, 2007 7:26 AM

Subject: Re: [RT] What will market do.

The markets have declined to a level where a reversal may occur. I do not expect much more to the downside - mostly sideways action until 11/7 where the reversal is forecasted.

The next date of interest is/13  which should terminate the up move.

Regards,

 

Jim

 

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

From: Jim White

To: realtraders@yahoogroups.com

Sent: Wednesday, October 31, 2007 7:03 AM

Subject: [RT] What will market do.

What will the market do after the Fed announcement today? My next Near Impulse daily turning point is 11/7. Other indicators point to a low around 11/6 so I expect a down move with the understanding that the impulse caused by the Fed action is unpredictable.

 

Regards,

Jim White

__._,_.___

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

__,_._,___