In the previous email I said the market was "over-sold", I, of course,
meant to say over-bought. For those of you who like to play with numbers
here's an odd coincidence. The high of the year occurred on January 6,
the low occurred on March 6 and the current predicted impulse date is
May6. There are 42 market days between Jan 6 and Mar 6 and 42 market
days between Mar 6 and May 6. Taking this silly exercise to the extreme,
42 is the sum of fib numbers 34 & 8 and 21 & 13. Like I said
it's an odd coincidence. - Pete
To: realtraders@
yahoogroups.com
From:
plieber@xxxxxxxxxxxnet
Date: Tue, 28 Apr 2009 20:21:02
-0400
Subject: [RT] Optimum Market Top Date - May 6
For several weeks now my analysis has pointed to
May 6 as an impulse date (see attached). Given the over-sold condition
of this market I assume May 6 will mark the top or the start of the first leg
down. - Pete