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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (2983)12/21/2000 3:41:37 PM
From: Lost to Voodoo  Read Replies (1) | Respond to of 33421
 
John - sure, I understand the decline was expected & I'm clear on all your other reasoning. I was asking specifically about violating the 50% retracement (at NAZ 2500). Some people see that retracement level as a make or break line.



To: John Pitera who wrote (2983)12/21/2000 8:25:51 PM
From: Chip McVickar  Read Replies (3) | Respond to of 33421
 
John and Thread,

I've put together a batch of "Time Trend Change" alerts..
Not Price pivots...!

Expecting a Trend Change around Christmas...(25th Dec) and into the New Year, for a modest move...?

Can You or Anyone add anything Else...?

Please use this list as you wish and add anything pertinent.

So we've got:

~the solar storm chart
~Popocatapetl
~Time Gap
~winter solstice
~solar eclipse
~new moon 25th
~weekly internal support/resistance line - SPX
~mathematically calculated this week's support point - 1275.66 SPX
~lower tine of a dominant fork - 1250 SPX
~40 month moving averg - 1246 SPX
~lower downtrendline on SPX that is about 1255 (or about todays low)
~Santa Claus Rally:
Last five days of the year into the first two days of the new year. Repeated 38 times in the last 46 years, ~83%. Average gain, 1.82%.