Ben,
You really
need to reread stuff before sending it out. Your emails are normally
short and sweet, and often correct, although the recent call for a low was
wrong. But the material you sent below...well..let?s just say if you
published this stuff you would lose your job. It?s complete
gobbledygook.
My
interpretation of what you wrote says the market is going down until it can
build enough volume to go back up. And the longer it goes does the more likely
it will head high eventually. IS this right? Then you go onto say the market
may move...it may go higher...but then it won?t.
To be honest,
I challenge anyone to actually benefit from this information. As I
said..your stuff is normally clear cut, but this is at the opposite end f the
scale.
From: realtraders@yahoogroups.com
[mailto:realtraders@yahoogroups.com] On Behalf Of
Ben
Sent: Tuesday, 8 July 2008 3:49 PM
To:
realtraders@yahoogroups.com
Cc:
TimeandCycles@yahoogroups.com
Subject: [RT] short
term
with permit from market
volume
Short Term (lasts a few hours to a few
days): In our short term of the last session, we mentioned that ""The trend
has been that the markets will move lower in order to generate more buying
volume before moving higher and a continuation of this would not be out of the
question."
Our forward looking thought is that the possibility remains
for the index to continue this pattern as it did today. The longer it does
continue this pattern, the more the chances will increase that the trend will
be higher in the future but for the short term the index may be weaker than
stronger." Today's trading aligned with this outlook, the markets moved lower
and generated large surges of buying volume before responding to these surges
and moving higher.
The possibility is that the index will continue to
trade relatively close to these levels, it may move, then rally higher and end
up relatively unchanged. The trend lower is still the one that is dominate,
however a change may be occurring. There may be high volatility as today's
greater than 2% intra-day move can attest to.