Ron,
I
have posted the charts, along with some other interesting reasons why it ought
to be the end of a trend. Add to this, we moved 162 points from the low of 865.
That number adds to a 9. From my point of view the charts coupled with these
other little extras points to the end of a trend.
Please bear in mind that a new trend up may start anytime so when
using daily charts or any other time frame my point of view is only to the next
two/three bars. Obviously it can and may continue longer but that for me falls
in the realm of forecasting a subject I have little faith
in.
Sincerely,
Kate
Ketayun..........very interesting
work.................... do you expect a reversal now?
Ron
----- Original Message -----
Sent: Friday, August 21, 2009 9:45
PM
Subject: [RT] RE: [TimingShortTerm] Two
Charts
July 8-Aug 21=32 TDs
Sq root 1027=32.04
Two charts drawn with Gannalyst. The first has a
price arc that intersects the ellipse perfectly today. The
second has a time arc that intersects the ellipse perfectly on
Monday.
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