I now have BUY signals on the DOW and S&P
and a large number of stocks. I have no sell signals so this generally
results in a good up day.
On another subject, I always tell my students
that learning about the markets must never stop and you must always be
trying to improve your understanding and technique. This was brought home to
me yesterday when I attended a seminar and learned techniques that today
resulted in 17 profitable day trades vs 4 losses. There is always something
to learn.
Regards
Jim White
----- Original Message -----
Sent: Tuesday, June 10, 2008 9:31
AM
Subject: [SPAM]Re: [SPAM][RT] cycle
forecast
My work indicates we are in a bottoming
process and the 6/12 date could be a bottom, however, there is no way of
knowing how long it would last or how high the markets will
move.
Jim
----- Original Message -----
Sent: Monday, June 09, 2008 6:02
AM
Subject: [SPAM][RT] cycle
forecast
The Foundation for the Study of Cycles is
forecasting a big rally on the DOW from 6/12 to 8/4 followed by
a big crash from 10/28. to 1/20/09. The problem with static cycle
forecasts as trading tools is that they look excellent in retrospect but
subject the trader to big drawdown and whiplashes as the cycles mature.
I believe cycles are a natural part of any dynamic process but static
cycles and synthesis of static cycles are a flawed tool for
trading.
Jim White
Pivot Research & Trading
Co.
PivotTrader.com