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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: edboyl who wrote (26)5/12/2002 11:17:33 PM
From: Jeff  Read Replies (1) | Respond to of 30712
 
well eddy....in a perfect world....that august date will be a start to a ramp to a blow off top in sept before the final fall to 1100 or lower.....

first i made a big picture roadmap......and then as dates come up....i just go from there.....thats why i have the big picture in my plan....but can adjust it by watching the market daily for any changes in numbers....or turn dates being highs or lows..

anyway....with voodoo turn dates....my first plan calls for something like this...

low around 1350 by 6-11....up to 1500 by 6-21.....down to 1390's by end june....up to 1550 by 7-7....channel for a few weeks....around last week july a fall into august 6-8 to around 1420's....then a last ramp to 1650's as a blow of top in sept.....

as long i keep worse case in my plan...and confirming long term weakness on charts.....this plan has been working...

plus with a good indicator for tops and bottoms....its easy to confirm each week as the data unfolds.....

remember....bear market is many down days....and up days are short lived with gaps and ramps....that mean little in the big picture.....