Re: [RT] What is coming Tuesday

["Jim White" <jwhite431@xxxxxxxxxxx>]

Jim,

I don't put much faith in static cycle analysis since there is no statistical validation of their accuracy or reliability. It seems analysts are always explaining away the inconsistencies as inversions or evidence of some other cycle in affect. And there are seemingly many cycle periods to choose from so someone is always right when a turn occurs.

If you believe in a 20 day cycle, perhaps you could post your reasons and some evidence of its validity. Always I would like to hear the methodology behind your hourly forecast. Let's all learn something on this holiday.

 

Jim White

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

From: J Curry

To: realtraders@xxxxxxxxxxxxxxx

Sent: Sunday, January 17, 2010 6:32 AM

Subject: [RT] What is coming Tuesday

 

Jim, Ira, Ben
heading into the week there is a 20-day down-cycle currently in force,
seemingly favoring weakness into the latter part of the week. for the
week as a whole, favoring a minor (hourly) low in-between, made in the
first hour or two of Tuesday's session. a rally into late-Wednesday to
1145-ish SPX, plus or minus, then down again into early-to-mid Friday

Jim

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