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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: John Pitera who wrote (1288)	2/23/2001 11:45:30 AM
From: Chip McVickar	Read Replies (1) of 12410

>>what's funny about the ideas of a turn last week is that the NASD 70 calendar day cycle is in it's hard down phase now, as it's due to bottom in very early march<< I don't understand cycles. Believe me I've tried. I've given up on just about every long-term cycle study for a variety of reasons. Now just use very short-term stuff and fibs and forks. Obviously all those E-wave counters were just simply "Wrong" and lots of sheep are scratching their "Fleecing." I was to quick to believe and got out of my nicely positioned shorts, but did not go long. My own work suggests this week, specifically Friday and the new moon with 1220-25 SPX has a chance of turning the SPX up. Chip

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