Re: [RT] Market status, RealTraders Email List Archive

Wednesday generated Trend Change warnings on all the indices and the reversal came today, one day before the posted date of 11/14. Reversals coming before the forecast dates are bullish. Next date too watch is 11/21.

Jim

From: Jim White <pivottrader98@xxxxxxxxx>
To: realtraders@xxxxxxxxxxxxxxx
Sent: Sunday, November 9, 2008 3:50:59 AM
Subject: Re: [RT] Market status

The overall market is experiencing a bear market rally - I have BUY permission on both weekly and daily for all index ETF's (DIA,SPY,QQQQ, IWM). The daily Near Impulse shows most likely key dates of 11/21- 11/25. Other dates to watch are 11/14 and 11/18.

On a longer term basis I have become a convert to the demographic- econometrics of Harry S. Dent whom I have previously referenced. Mr. Dent has just published a video on his web site outlining what he sees out through 2010. In summary he sees a rally, as a result of all the money stimulus, until about late 2009 - early 2010. Inflation will begin to increase dramatically after the lag and bond prices will plummet. He forecasts a long term deflationary depression starting 2010. The last chance to protect assets will be during this coming rally. I urge everyone to review his work at Hsdent.com

In the mean time I am having a lot of fun trading the intraday FOREX market. The combination of my new Trade Permission and Signal generator are yielding about 80% reliability of profitable trades although the data set is not large enough yet to draw major conclusions.

Best Regards,

Jim White

From: Ben <profitok@xxxxxxxxxx net>
To: realtraders@ yahoogroups. com
Sent: Saturday, November 8, 2008 12:20:26 PM
Subject: Re: [RT] Market status

Hello Jim

can you give an update?

i see bullish divergence at last week lows in many indicatores

Ben

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

From: Jim White

To: realtraders@ yahoogroups. com

Sent: Wednesday, November 05, 2008 10:22 AM

Subject: [RT] Market status

The week ending 10/10 has set the criteria to judge this current up move. It was a huge range week marking the low of the crisis panic. For the last four weeks we have been trading within this range and perhaps this week we will close above the high of last week. Caution is in order however. Until the market accepts prices higher than the high of the 10/10 week, we do not have a long term reversal and it is not safe to take long term long positions.

Jim White

Pivot Research & Trading Co.

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