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Strategies & Market Trends : Technical Analysis With Charts

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To: jaker who wrote (4399)3/9/2007 6:00:07 PM
From: hawkeyefan  Read Replies (1) of 6865
 
I don't know to be honest.

I track cycles a little differently. I look for significant days, whether they are highs or lows. It does work for me but can be also exasperating.

For example the day of the high in February (11 trading days ago) was a cycle day. It can be either a high or low.
In my limited EW analysis I thought it was going to be a low and then we would rally into March 5. March 5 was another cycle day for me---completely different cycle. Well the first cycle was a high. So I bought QID and shorted the INDU and SPX. I know it sounds crazy.

This Tuesday, the 13th, is a cycle day for me. I am hoping
selling starts then. But I will adjust if we go lower early next week. Don't laugh at me.
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