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Strategies & Market Trends : Harmonic Trading with The Phoenix -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (57)	11/16/2002 6:28:49 PM
From: the-phoenix	Read Replies (1) \| Respond to of 941

I just threw a fibonnaci time grid on the SPX chart and found something else interesting: Using the July and October lows as attachment points for a cycle, the convergence of those trendlines in the 950 area would be right at the 1.618 expansion on Nov. 26th: share.esignal.com Note how the other time fibs (the .382, .618 and the 1.382) corresponded with the highs of August 22, September 11 and Nov 6th, off by a day or two at most.

To: Haim R. Branisteanu who wrote (57)	11/17/2002 2:44:19 PM
From: augieboo	Read Replies (1) \| Respond to of 941

Haim, here are a few Naz COMP related Fib dates I came up with. Comment: November 26-27 looks pretty strong for some kind of turn. November 22 = 55 days from September 5th (right trough of H&S) November 26 = -- 89 days from July 24th low November 27 = -- 55 days from 9/11/02 (H&S right shoulder) -- 34 days from Oct 10 bottom Dec 3 = 89 days from July 30 (H&S left shoulder) Dec 6 = 144 days from May 17 top Dec 9 = 89 days from August 5 (left trough of H&S) Dec 27 = 89 days from August 22 (H&S top) Jan 13 = 89 days from Sept 5 (right trough of H&S) Jan 17 = 89 days from 9/11/2002 Feb 14 = 144 days from July 24 low Feb 18 = 89 days from October 10 low Feb 21 = 144 days from July 30 (H&S left shoulder) Feb 27 = 144 days from August 5 (H&S left trough) Mar 18 = 144 days from August 22 (top of H&S) Apr 1 = 144 days from Sept 5 (H&S left trough) Apr 7 = 144 days from 9/11/02 (H&S right trough) Apr 15 = 233 days from May 17, 2002 top May 7 = 144 days from October 10 bottom