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To: GrillSgt who wrote (8304)2/27/2003 3:11:09 PM
From: GrillSgt  Read Replies (1) | Respond to of 10157
 
Although..It needs to save itself right here at the 832 pivot. Otherwise current cycle may continue



To: GrillSgt who wrote (8304)2/27/2003 4:51:45 PM
From: steve from ihub  Respond to of 10157
 
Grill,
I thoroughly enjoy reading your posts on the cycles and key points in the indexes. For the most part we have similar numbers for turns, resistance, support etc. what i would like to learn more about is the cycles. is there any place i could read more on this?

are all cycles in the 12-14 day range. How is it that you can get two down or up cycles in a row.
thanks
steve



To: GrillSgt who wrote (8304)2/27/2003 6:18:02 PM
From: mishedlo  Read Replies (1) | Respond to of 10157
 
Fwiw,to follow up from this morning.. I like to see 75% to 80% up vol with expanded range up. We have done both today. Therefore I would say odds favor this is day 1 of new cycle unless we just give it up in the last hour. Earier OBV 5:1 + though makes this unlikely right now.
I would call this day 1 under that scenario which means tomorrow should be an intraday high if we are to enter a down cycle. Should see a high (hopefully a gap up in morning) tomorrow. I will sell the shit out of a gap! A goosed up preliminary GDP report may give us just that.


Please explain if TODAY is day one, why would you short a gap up tomorrow. Why shouldn't tomorrow be day 1.
Arent you bothered by the TRIN all day which suggests buying not selling on both incicies.

I do not understand your 12 day cycles so explain please.

Thanks

M