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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (70477)4/12/2005 6:47:16 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
My silly NDX take - January decline stopped at 1,480.66.
The Exponential LT trend stood at 1469.11 +- 10 on Jan.,24,
and that rising trendline served as support for the month
of February. Now, the simple LT trend stood at 1473.2 in
late March, when we bounced from 1458.26. Interestingly,
The Fib of the whole decline from the highs to the
lows is at 1567.93, which will coinside with the re-test (from
below) of the Exponential LT trend on Tuesday, April, 26.
Should we decline from then into May, 5, The LT trend (support)
then will be at 1500.39. All numbers have about .7% accuracy :)



To: William H Huebl who wrote (70477)4/17/2005 11:23:40 AM
From: blitzfund  Read Replies (1) | Respond to of 94695
 
Hi Bill

Now I’m really glad I didn’t bet the Ranch on this really wierd market!

We will have to just wait and see if the expanding triangle continues to expand (this being the low end and then reaching back to the high end) thus forming Da Biggest Kahuna wave of all………………………………………………………………….

Blitz

P.S. please post when your DOW indicator turns positive....

Oh, I noticed that we did have a few days (4-3 through 4-6) of NO posts before this last leg down (guess we should have noted one of the best Big Kahuna indicators)