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To: NOW who wrote (86327)11/22/2003 8:06:36 PM
From: The Freep  Read Replies (2) | Respond to of 209892
 
tooearly -- not to start his whole "turn date" conversation again, but on that Bradley chart, the last turn date was Oct 22. We pegged a low on the 24th, so we can call that a hit. But Friday, the NDX came within a percent of that low. If one is gonna argue that this turn on the 24th is somehow "major" explain to me why there was no defined trend from the Oct 22 turn til the Nov 24 turn. Doesn't make sense if you somehow believe that this coming turn on the 24th should be 'major.' (Not to mention the question of whether the turn hit Friday at the low, or whether the trend is now "up" into the turn cuz of the green close.)

Anyway, I see three turns in relatively rapid succession on that chart. Maybe we go up all week as everyone assumes we do, then turn down again after. Or down on the first turn then back up. or. Anyway, how do you interepret that chart, since you brought the turn date up <g> I'm particularly curious about the Oct 22 and Nov 24 turns, and what they "mean/meant."

the freep, gone for the day