RE: [RT] Symmetry, RealTraders Email List Archive

Indeed they do!!! But look out below where there’s a low gap from whence we came. I simply thought that white line and the time symmetry was very striking. And the more I looked at it the more formidable it appeared. Assuming the line holds for now, I’m projecting the green target vector to be hit in April. And then price would turn around and head up into the bear market rally wave 2 that everyone (Prechter and Neely included) say the market is in at the moment. I’d then project a similar green vector that will target just above the 35-36 gap.

But the first step is not to break that downward sloping white line.

From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of Mark Simms
Sent: Tuesday, March 24, 2009 7:02 PM
To: realtraders@xxxxxxxxxxxxxxx
Subject: RE: [RT] Symmetry

Actually, the bulls need to take-out that huge void between 35-37.

Very doubtful.

From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of Jim Ross
Sent: Tuesday, March 24, 2009 2:38 PM
To: markettimers@xxxxxxxxxxxxxxx; realtraders@xxxxxxxxxxxxxxx
Subject: [RT] Symmetry

What’s the Vegas odds on price breaking the white diagonal line before the market makes a new low? I’m feeling froggy…I don’t think it’ll be broken substantially before QQQQs make a new low. Just an opinion that is contrary to what appears to be the case in EW. Those red vertical lines are equally spaced in time and on exactly those days that they meet the white diagonal. Price on the first two of those three days was repelled (downward on the first and upward on the second). So what will happen on the third that is occurring now? [That white line, as I recall, is a very important Gann metric…the first recovery high after a major wave down. Maybe someone could amplify on that given my Gann deficiencies.] So, now that I’ll solved all of my bear problems I’ll take some aspirin and go out and pound some golf balls.

__._,_.___

Your email settings: Individual Email|Traditional
Change settings via the Web (Yahoo! ID required)
Change settings via email: Switch delivery to Daily Digest | Switch to Fully Featured
Visit Your Group | Yahoo! Groups Terms of Use | Unsubscribe

__,_._,___