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We also watch for and correlate with major Bradley dates and Fibonacci Time and Price sequences.
Tuesday, October 20, 2009
Drafter of 9/11 official government report now reveals it as a cover-up!
Mark: Another subject. Prechter says top is close!
10/20/09 Yelnick reports: http://yelnick.typepad.com/ Prechter Says The Top Is Close Late Sunday he put out his monthly EWT and he thinks primary wave 3 P3) is about to begin, and should drop a similar percentage as P1. Translated, that means 700 S&P pts, or the second greatest shorting opportunity.
Comments as to how your data is relating to a possible hard move down?
Bill, I'm in agreement with Prechter. We are very near the .500 node on the $NDX, and the $SPX also, if you use 10/10/02 as the 'Start' of an A-B-C pattern, with 'A' being 3/5/04 and 'C', obviously, being 10/11/07. The trendline fit is more poor with those $SPX dates, but the nodes produced are valid.
$SPX Exponential Trend Spreadsheet: 1.382 Crossover 1.382 Chart shows * price X'ed above 1.382 decay line * price ready to hit 0.500 node. Node Calculator: 1.382 Base Node Basis 0.500 shows 10/28/09 as possible turn point.
$NDX Exponential Trend Spreadsheet. I'm using the following: Start = 10/08/02 795.250 'A' = 01/20/04 1559.470 'C' = 10/31/07 2239.230 With the above, none of the Crossover charts price is near to 0.500 node. Two have passed beyond. Node Calculator: Only one potential turn point is near but has passed, and that is 09/17/09.
Do I have the one of Start, A, C, specifically A wrong?
Bill, using those $NDX points, which are the correct ones, 9/17/09 is where the most recent .500 node was, and we are still within it's window, which extends as far out as 12/03/09 (Remember, the dates which are in red). if you look at one of the crossover charts, you can see we are still very close to the .500 node there. Current value on 10/21/09 = .51797.(1.317 basis)
Difference from Ideal = ((.51797/.50000)-1)*100% = 3.594%
Still within "range"...
Remember just 'cause you've 'passed' a node date, doesn't mean the event won't be a little 'late'. The real world is not usually ideal, doesn't follow the models exactly...
4 comments:
Mark: Another subject.
Prechter says top is close!
10/20/09 Yelnick reports:
http://yelnick.typepad.com/
Prechter Says The Top Is Close
Late Sunday he put out his monthly EWT and he thinks primary wave 3 P3) is about to begin, and should drop a similar percentage as P1. Translated, that means 700 S&P pts, or the second greatest shorting opportunity.
Comments as to how your data is relating to a possible hard move down?
Bill,
I'm in agreement with Prechter. We are very near the .500 node on the $NDX, and the $SPX also, if you use 10/10/02 as the 'Start' of an A-B-C pattern, with 'A' being 3/5/04 and 'C', obviously, being 10/11/07. The trendline fit is more poor with those $SPX dates, but the nodes produced are valid.
Mark L.
$SPX Exponential Trend Spreadsheet: 1.382 Crossover 1.382 Chart shows
* price X'ed above 1.382 decay line
* price ready to hit 0.500 node.
Node Calculator:
1.382 Base Node Basis 0.500 shows 10/28/09 as possible turn point.
$NDX Exponential Trend Spreadsheet.
I'm using the following:
Start = 10/08/02 795.250
'A' = 01/20/04 1559.470
'C' = 10/31/07 2239.230
With the above, none of the Crossover charts price is near to 0.500 node. Two have passed beyond.
Node Calculator:
Only one potential turn point is near but has passed, and that is 09/17/09.
Do I have the one of Start, A, C, specifically A wrong?
Bill,
using those $NDX points, which are the correct ones, 9/17/09 is where the most recent .500 node was, and we are still within it's window, which extends as far out as 12/03/09 (Remember, the dates which are in red). if you look at one of the crossover charts, you can see we are still very close to the .500 node there. Current value on 10/21/09 = .51797.(1.317 basis)
Difference from Ideal = ((.51797/.50000)-1)*100% = 3.594%
Still within "range"...
Remember just 'cause you've 'passed' a node date, doesn't mean the event won't be a little 'late'. The real world is not usually ideal, doesn't follow the models exactly...
Mark
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