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To: the-phoenix who wrote (65090)1/31/2003 8:16:19 PM
From: bcrafty  Respond to of 209892
 
phoenix, about the Bradley turns

I've been using the Williams/CyclePro chart for these calls
geocities.com

It shows a 2/3 low (I believe) followed by a 2/6 high. If one uses the Amanita charts one can arrive at different turns depending on which chart you use (geo, helio, 360, etc.) I also understand that the amanita pay service might give more detailed information. amanita.at

Regarding your questions about whether we are at a high or low here, I don't know - it depends on whether you're talking about a daily timeframe or an intraday timeframe. When some of the turn calls are so close together by the same caller one doesn't know what timeframe he is speaking of, but it assumed (at least by me) that it must be some unspecifed intraday timeframe.

Wave scenarios are not of much help to me personally at this juncture. And your point about it "looking like the correction was over, then it wasn't, etc" is well taken, and I'm sure many people share your view. Maybe that's why both the Rydex bulls and bears both seem spooked, as John's post may have indicated.

One can argue that we may have reached a low this week, but one must also note that we have not successfully broken the DT in the 15-minute Dow chart from 1/17, and maybe only probed above it this afternoon.



To: the-phoenix who wrote (65090)1/31/2003 8:19:38 PM
From: John Madarasz  Read Replies (1) | Respond to of 209892
 
we are/were at the low here i think...high into the turn on the 5th or so

that's the model i'm trading right now fwiw

conditions will dictate all turns as i'm sure you know...

my highlights and blocked out annotations in blue are on the following Williams chart, counts are trading day basis from Stan Harley, Harley Mkt. Research...I maintain the bigger down trend will continue to assert force regarding direction...i'm going to let the mkt resolve the uncertainty around the longer term turns...especially 3/13

boomspeed.com

best,

jm

p.s. i highly recommend taking the time to listen to, and take notes from, the link in this post if you haven't already...http://www.siliconinvestor.com/readmsg.aspx?msgid=18518025