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To: NOW who wrote (63460)	1/10/2003 11:06:46 PM
From: AllansAlias	Read Replies (2) \| Respond to of 209892

Closed SPX short yesterday at the close; same as today's close. It was during my trip to Ottawa that I saw that we were pushing Monday's close, where I entered, and there was no way I wanted to be short anymore. Lots of worry being ignored here and some potential Hounds being triggered. I haven't had a decent look at the market since Wednesday, but it strikes me as bullish from a distance.

To: NOW who wrote (63460)	1/11/2003 2:51:08 PM
From: bcrafty	Respond to of 209892

tooearly, I understand you now Yes - I can't tell it yesterday's Bradley high marked a ST or IT turn, as we never can tell by the Bradley alone. To answer your questions, (1) yes - but be on the lookout for inversions on any particular date; that's what the other colored line represents (2) yes - a score of 11/14 correct Bradley calls (subject to the usual "rules") since I've been tracking it last summer. (3) right now it looks like a high, but we can't tell until retrospectively. That's why I said yesterday's call is still "pending" because if we close higher Monday and even higher Tuesday then the call would be incorrect. (4) Now that is the million dollar question. From my experience in watching the Bradley calls sometimes the high or low called for will only last a day or two before being surpassed by a higher high or a lower low. That's what I found frustrating before I got a better understanding of the turn calls as I found myself asking silently "what kind of a 'high' was that when we get a go even higher two days later?" I've since then mostly come to the conclusion that the Bradley turns are better used for very ST trading rather than LT, as the Bradley siderograph is not necessarily a very accurate map for longer trends. As always, the turn calls are only one part of the puzzle of everyday trading decisions, and I personally use them in a secondary manner to other TA (indicators, chart patterns, S/R levels, etc.)