Hi Jerry,
Everything is great, thxs for asking.
Well, Bradley lows are calling for a low on the 13-14th, and as you know the orb for that cycle is +/- 2 trading days on either side
Those lows are coming right on the 54 trading day cycle lows also around the 13th, and the very important and deadly accurate 378 Trading day cycle lows are coming in around the Bradley turn on the 24th.
Upcoming Bradley turn: 03/14/03 (Low), 03/28/03 (High)
Recent turns: 02/27/03 (High), 02/20/03 (Low), 02/05/03 (High)
There is also a middle aspect turn on the 10th on one Bradley Model I track, and that could signal a smaller CIT that could mean chop to up into the end of next week
I'm seeing strong support tho on the stuff i'm trading, it doesn't seem to want to go down, and huge maxpain level around 25 on the QQQ.
I've cut some losers go early before they become painful and tie up too much capital. I think the continued high program trading activity and the latest development on the big SPX contract is pointing up now.
Carpino's stuff obviously doesn't jibe with the cycles i've been tracking with pretty good success.
I think FED support and program trading might be screwing with some cycles in here, so i'm clearing some stuff out and stepping aside since i'm kind of unsure |
