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To: HairBall who wrote (507)7/11/2001 11:29:05 PM
From: John Madarasz  Read Replies (1) | Respond to of 1328
 
LG... I was following the rationale of the NDX and Les's post regarding the Feb 15th gap reversal pattern... and your post #315 BSH.

Then applying them to this count...

Message 16039962

Just a thought...as you say, action will dictate. Tommorrow is a relatively big earnings announcement date, and the week of the 16th is huge for tech earnings... as well as the week of the 23rd.

etrade.com

Best,

JM



To: HairBall who wrote (507)7/12/2001 1:46:28 AM
From: mishedlo  Read Replies (1) | Respond to of 1328
 
I really do not understand this stuff. Perhaps I need to read a book but if
July 12th * LOW - Now in Play (Range 11-12-13)
July 19th ** HIGH
July 31st *
Aug 07th *** LOW

Why is July 31'st unknown.
That also makes the 31st and the 7th two lows in a row or the 19th and the 31'st two highs in a row.

I absoloutely do not see how this can possibly be of any use. Obviously you must think it is cause you trade by it and do well, but I suspect you are just a damn good trader, using other tools like TA, TICK & TRIN, VIX VXN etc and cycles have NOTHING whatsoever to do with your success.

Note, this is not a taunt and I hope that is obvious. I am just trying to understand. Also as I understand that today could either be a high or a low (is that really possible after this drop?).

M