[RT] Fw: [TimeandCycles] Re: 9 days, RealTraders Email List Archive

hello Jerry

the way i change my stops is by lows

yesterday low sp500 cash was 833.6

broken

Thursday low was827.6 broken

now hoping for Wednesday low 817.94

to be broken

Ben

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

From: jerryo1314@xxxxcom

To: undisclosed-recipients:

Sent: Friday, December 05, 2008 10:49 AM

Subject: [TimeandCycles] Re: 9 days

I see Roy revised his to level to 828. Either way we broke both numbers and my next gann fan is 812 /814 next 780.
I have 777 as a 1.618 retracement so I don't think we can do more then that however Monday did 4.618+ retracement.
Just heard some on on Bloomberg say if we break 815 (Monday low) it could go sharply lower.
JO

-----Original Message-----
From: jerryo1314@xxxxcom
Sent: Thu, 4 Dec 2008 11:47 pm
Subject: 9 days

Roy said,
"If balance prevails, the two most likely numbers for the end of B are the .382 around 837 and the .236 around 859.'

Roy or All we are in the this gann box for 8 days, Friday is the 9th day and looking for the breakout.. The bottom of that triangle (boxx) is 831 not the 837 Roy suggests but perhaps close enough,and todays high is the upper and would take us out and could keep going. On the other hand holding one's self to one line, one indicator is deadly . So chart 4-22-51 is the box but it really is a bearish triangle me thinks if you step back. .
Chart 4-23-24 is what i hope is going to happen Friday. Don't laugh so hard I can hear you :)
Jerry O

Ps . We could stay in that angle a few more days but not likely or i may need a nurse.

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