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


To: AD who wrote (24023)1/14/2003 3:05:04 PM
From: DebtBomb  Read Replies (1) | Respond to of 30712
 
ho ho ho, nice info there, thanks ;-) according to what i see in historical data, that low would be about nas 750



To: AD who wrote (24023)1/14/2003 3:17:06 PM
From: DebtBomb  Respond to of 30712
 
a hound signal??

Early this year, Wood sees the market's main indexes running out of the time it needs to stage a mini-rally to the 9,043 Dow level, which was the intra-day high reached on Dec. 2. "If the weekly cycle in the next couple of weeks does not take out 9,043, we are going to test the lows and most likely take them out," Wood says.

"That's what makes this rally so very important," he says. "Odds are a new low is just ahead."



To: AD who wrote (24023)1/14/2003 3:58:10 PM
From: Rich1  Read Replies (2) | Respond to of 30712
 
So two years worth of studies qualifies this guy as an expert...hmnn...this must qualify him also...
<Wood says he spent seven years as an accountant at CenturyTel, a Louisiana telephone company, before setting up a newsletter business based on his cyclical approach to market averages> <VBG>