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


To: Jeff who wrote (18112)12/4/2002 7:06:06 AM
From: john722  Respond to of 30712
 
Jeff.

I have been watching what I Call the Automatic Reverse Mode for the last 14 Months (Since 9/21). I mainly watch the SPX and it is right now exactly at the retrace price high on the Monthly. Just Count From The March 2000 Monthly bar
using it as #1 and the 33rd Month High (In Reverse) is 957.
So far, we are currently in the 33rd Month (Dec 02) from that March 2000 Monthly Bar (not using it as #1, but April
2000 as #1), and have hit a 954 High (close enough for me).
So as you see, the retrace is Alive & Well.............



To: Jeff who wrote (18112)12/4/2002 7:23:48 AM
From: DebtBomb  Respond to of 30712
 
nice post jeff, in agreement, possible bone throwing to the shorts here

lot's of downgrades this morning too in chips, to help them, ggggg

did you see gold take off though, and the crap stocks crash yesterday, ho ho ho

trading this month is probably going to be nasty, ggggg



To: Jeff who wrote (18112)12/4/2002 8:13:58 AM
From: Boca_PETE  Read Replies (1) | Respond to of 30712
 
Jeff: re: ("now most will be cautious shorting into AV and know to get out when it first shows up")

AMEN !!!!

Great insights, Jeff. The are much appreciated.

Let's get this final down over with already. It's like a black cloud following overhead.

P



To: Jeff who wrote (18112)12/4/2002 12:04:49 PM
From: Mike M  Read Replies (1) | Respond to of 30712
 
Very insightful. Helps to see this thinking even when it confirms much of my own...

Thanks, Jeff...(Nice to see a young'un using his noggin'. Or, would you prefer reference to gramps)<vbg>



To: Jeff who wrote (18112)12/4/2002 2:05:54 PM
From: jjkirk  Read Replies (1) | Respond to of 30712
 
From the "Canary" watch: Looks like the DB on XAU weekly wants to flatten out...
stockcharts.com[d,a]whclyyay[de][pc5!c8!c13!c21!c34!c55!c89!c144!c233!d20,2!f][vc60][iUb14!La12,26,9!Lh5,5!Li10,10!Lp14,3,3]&pref=G

Also on the non-hedged miners...
stockcharts.com[d,a]whclyyay[de][pc5!c8!c13!c21!c34!c55!c89!c144!c233!d20,2!f][vc60][iUb14!La12,26,9!Lh5,5!Li10,10!Lp14,3,3]&pref=G

Question, Jeff: To make a valid "canary" call on a weekly DB or AV in this situation, does one need to wait til the end of the week? In other words, would trades be held off until the following Monday?...tia...jj