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RE: [RT] Fwd: [TimeandCycles] JUN 27 analysis

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China is in recession??  David...where do you get this stuff from? LOL  Their market may be down, but GDP growth rates are huge. They don’t need the US to be growing to survive.

 

And your forecast for the US market...am I correct in that it could go up or could go down?  J How should a trader take advantage of that?

 

What books have you been reading?

 

Cheers,

Adrian

 

 

 

From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of David Hunt
Sent: Sunday, 29 June 2008 11:16 AM
To: realtraders@xxxxxxxxxxxxxxx
Subject: [RT] Fwd: [TimeandCycles] JUN 27 analysis

 

Pressure remains on Dow in my books till 3 July on US Market.

 

Other Markets may be bottoming but the Dow taking out the major 38.2% retracement and the 1999 /2000 Highs in the Dow is not such a positive sign.....

 

There are some beaut long term charts which show that it is really touch and go here.

 

The US is either on the brink of a great rally to new highs or depression.

 

The Chinese are in recession with a smashed stock market and falling incomes .

 

The chinese have money but may have better things to do with it than lend money to a country bankrupting itself.

 

sad but true - thats why keeping Fed rates low is not having an  effect when prime borrowers borrow out past two weeks the interest cost doubles!



David Hunt

 

 

On 29/06/2008, at 6:38 AM, realtraders@xxxxxxxxxxxxxxx wrote:



Messages In This Digest (2 Messages)

Messages

1a.

Re: [TimeandCycles] JUN 27 analysis

Posted by: "Ben" profitok@xxxxxxxxxxxxx   benaroya007

Fri Jun 27, 2008 8:44 pm (PDT)

Hello Jeffrey
today we had a classic volume reversal
i can not go into detail(propriety)
the statistical probability we made a low is better than 80%
congratulations to Jaolsa5 for pointing today as a low
and to Francis for pointing out yesterday as low
Also to Sergey
and to the cycle club software
now please, that does NOT mean we are out of the woods
it ONLY mean a dead cat bounce to 1325-1350
which should be used to AGGRESSIVELY short
as volume now points to 1050 in 4-8 weeks
nice week end
Ben
----- Original Message ----- 
From: jeffrey tennant 
To: Jeffrey Tennant 
Sent: Friday, June 27, 2008 8:40 PM
Subject: [TimeandCycles] JUN 27 analysis

Monday's call: Yesterday we gave two scenarios for today's tradin! g, neither of which was particularly prescient. The 1293.81 target did not print in the preferred time frame and gets added to the list.

The enclosed picture is of a 120 minute chart. The bar marked by the yellow arrow pointing down shows the start of a sequential buy signal. The bar by the white 9 is the last bar of set-up. The blue numbers up to 13 show the signal has triggered. A TD combo buy signal (not shown by numbers) has triggered as well. On a 60 minute chart, we have a 9/13/9 sequential buy signal.

The yellow, purple and white Fibonacci grids show multiple Fib support at today's low. (Focus on one color at a time and it is not as busy as it seems.)

Thus numerous patterns show major support at today's low accompanied by major buy signals on long term charts. Monday should be up and probably up big. A failure of support at today's low would be disastrous for the bulls. 

Longer term, today's action practically ensured that the year's low would break at some time! . 

Personal to mmb: Please post this on avid for me. Thanks

Jeff

1b.

Re: [TimeandCycles] JUN 27 analysis

Posted by: "Mark Simms" marksimms@xxxxxxxxxxx   msimmsx

Sat Jun 28, 2008 11:11 am (PDT)

re: "..as volume now points to 1050 in 4-8 weeks"
If that occurs, invest in Corning Glass....as the number of window- jumpers
will result in massive demand for glass.

_____ 

From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On
Behalf Of Ben
Sent: Friday, June 27, 2008 11:45 PM
To: TimeandCycles@xxxxxxxxxxxxxxx
Cc: realtraders@xxxxxxxxxxxxxxx
Subject: [RT] Re: [TimeandCycles] JUN 27 analysis

Hello Jeffrey
today we had a! classic volume reversal
i can not go into detail(propriety)
the statistical probability we made a low is better than 80%
congratulations to Jaolsa5 for pointing today as a low
and to Francis for pointing out yesterday as low
Also to Sergey
and to the cycle club software
now please, that does NOT mean we are out of the woods
it ONLY mean a dead cat bounce to 1325-1350
which should be used to AGGRESSIVELY short
as volume now points to 1050 in 4-8 weeks
nice week end
Ben

----- Original Message ----- 
From: jeffrey <mailto:eyeballs123@xxxxxxxxx> tennant 
To: Jeffrey Tennant <mailto:jeffreytennant@xxxxxxxxxxx> Sent: Friday, June 27, 2008 8:40 PM
Subject: [TimeandCycles] JUN 27 analysis

Monday's call: Yesterday we gave two scenarios for today's trading, neither
of which was particularly prescient. The 1293.81 target did not print in the
preferred time frame and gets added to the list.

The enclosed picture is of a 120 minute chart. The bar marked by the yellow
arrow pointing down shows the start of a sequential buy signal. The bar by
the white 9 is the last bar of set-up. The blue numbers up to 13 show the
signal has triggered. A TD combo buy signal (not shown by numbers) has
triggered as well. On a 60 minute chart, we have a 9/13/9 sequential buy
signal.

The yellow, purple and white Fibonacci grids show multiple Fib support at
today's low. (Focus on one color at a time and it is not as busy as it
seems.)

Thus numerous patterns show major support at today's low accompanied by
major buy signals on long term charts. Monday should be up and probably up
big. A failure of support at today's ! low would be disastrous for the bulls. 

Longer term, today's action practically ensured that the year's low would
break at some time. 

Personal to mmb: Please post this on avid for me. Thanks

Jeff

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