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Attach is the long term trading
(with today's data)
it is not cycle based
but to detrend the momentum, the rate
of change, and magnitude of the buying force,,
I have combined 3 of them
into a clear tool,,
where are we in this move,,
(this is looking at a window of
3 month)
this only gives 10-20 trades per year
and can be applied to any stock, commodity,,
index,,
private requests for a specific advice are
welcome
Ben
----- Original Message -----
Sent: Friday, February 08, 2008 5:44
PM
Subject: RE: [RT] sp500 / ? for Ben
Hi Ben,
I would appreciate it if you
would be so kind as to send me a snapshot of that when you get a
minute.
My weekly readings are very
bearish also.
Was that last indicator on
which you updated us a plot composed of cycles? It looks so to me.
I used to do a lot of work with cycles.
Regards,
Bob Pardo
From: realtraders@yahoogroups.com
[mailto:realtraders@yahoogroups.com] On Behalf Of
Ben
Sent: Friday, February 08, 2008 2:50 PM
To:
realtraders@yahoogroups.com
Subject: Re: [RT]
sp500
the overall picture you
are definetely right
we also broke the trendline
on weekly bars from 2000!!!!
----- Original Message
-----
Sent: Friday, February 08, 2008 2:31
PM
Whereas I have a great deal
of respect for cyclic and market extreme indicators, all of my indications
are that we are in the start of a bear market.
Of course, this is not to
say that we will not see some counter trend rallies.
However, according to one of
my major indicators, last month was the first bearish monthly close since
April 2003 which was the last month of the last bear
market.
Regards,
Bob Pardo
From: realtraders@yahoogroups.com
[mailto:realtraders@yahoogroups.com] On Behalf Of
Ben
Sent: Thursday, February 07, 2008 10:07 PM
To:
realtraders@yahoogroups.com
Cc:
TimeandCycles@yahoogroups.com; vincenn
Subject: [RT]
sp500
Attach is a gif of the
sp500
The blue line is not the
close
It it the long term
trading
an indicator that reflect
where we are , in what stage ,
Bottom line is bottoming
process,,
As you can see, we
are at a begging of an up move,
This does not mean a strait
up from here,, but
it means we are closer to a
bottom
(risk to down is only 15-20
sp points
reward to up 65-75
points)
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Checked by AVG Free
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