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Strategies & Market Trends : MP - Market Pulse -- Ignore unavailable to you. Want to Upgrade?

To: John Madarasz who wrote (664)	7/16/2001 12:31:58 AM
From: HairBall	Read Replies (1) \| Respond to of 1328

John Madarasz: I don't always say things clearly enough it seems. What I was saying is that the expected low for the 7/2 short-term down trend instead of being reached on 7/9 as originally expected was reached on 7/11, which fell within the possible turn date 7/12 (+/- one trading day). My "possible" turn projections are not cycles. So some of the dates may not prove to be significant at all. What I do is use my normal analysis to interpret if a "possible" projected turn date is going to be significant and if it is is it going to be a high or a low. When one date fails, that does not mean a cycle inverted for my work, because the projections are not cycles. I made the mistake of referring to my projections as cycles initially, but that is not what they are. They are just projections. I hope that helps... Regards, LG