Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: the-phoenix who wrote (70526)	4/5/2003 2:35:16 PM
From: bcrafty	Respond to of 209892

phoenix, that Bradley discussion on Raptor's Den is what got me started this week. After studying the Bradley as well as other turn calls quite a bit since last summer, I was ready to put myself in the camp that felt that it was not more useful than random chance turn calls. But then John Madarasz posted the chart below that I had not yet seen, that charted recent Bradley turns vs the Dow (the index that it is supposed to be based on) and to me it appeared to show an startlingly accurate correlation, one that I had never realized. Since then I haven't been able to get it out of my (trading) mind. boomspeed.com I'll respond to specific parts of your post : ". . where folks will invoke the Bradley model to support a position and then say we are in the Big C and going to blast off next week" - I think those that are doing so are saying the blast off will be after the 4/11 low. "They might say that it is an inversion and April 11th will be a high" - Those that are believing 4/11 will be an inversion evidently do not believe in the big C. "Why will this next upcoming turn be an inversion? I don't see any significant inversions in that chart" - I don't see any significant inversions either, and I don't think it will be an inversion on 4/11. You might ask that question of ajtj99, as last night he said that he thinks it will be an inversion. "I see the Bradley Model and the Big C as in conflict." - With the John M's chart that I posted above, I don't see them being in conflict, as it shows a huge move up into late June, which is where the C will be done.