RE: [RT] 1929-1987 SC analog follow-up

["Jim Ross" <jrosscpa@xxxxxxx>]

Thanks Ben, Jim

 

From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of Ben
Sent: Tuesday, October 20, 2009 9:19 AM
To: realtraders@xxxxxxxxxxxxxxx; 'Vince Donovan'; 'rmac'
Cc: astrofin@xxxxxxxxxxxxxxx; panda2222@xxxxxxxxxxxxx
Subject: RE: [RT] 1929-1987 SC analog follow-up

 

 

Hello Jim

This is fake

It is safe to take profits on this up day

And 67% safe  to  short

More down volume then up volume at end of today,,, will bring the safty to short to 89%

Ben

 

---

From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of Jim Ross
Sent: Tuesday, October 20, 2009 8:21 AM
To: markettimers@xxxxxxxxxxxxxxx; realtraders@xxxxxxxxxxxxxxx
Cc: 'Rob Almony'; tonyritenour@xxxxxxxxx; 'Jeff Shumate'; scott.kattwinkel@xxxxxxxxxxx; 'Steve Puetz'; 'J. Adams'; chris@xxxxxxxxxxx; 'Claude Spink'; 'Roy A. Fellars'
Subject: [RT] 1929-1987 SC analog follow-up

 

 

Yesterday was the last day I allowed for the 1929-1987 Spiral Calendar analog I first posted September 25. People more familiar with SC have told me that I needed to allow more than +- 1 trading day but my thought is the enduring powerful longer term waves are more accurate than the more recent, still chaotic waves. I can easily rationalize last night’s after hours trading as the hurdle to invalidate this analog:

 

http://www.screencast.com/users/Virginia_Jim/folders/Jing/media/00358707-3934-4995-b429-487e8a85171f

 

Highs that exceed the tracking stocks last evening highs would indicate to me, perhaps not to others, the analog is not reliable.

 

[It should be noted that the SC was developed in relation to DJIA and I've been including the other indices.]

 

Jim

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