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

To: bcrafty who wrote (123058)	8/18/2005 3:26:15 PM
From: skinowski	Respond to of 209892

Right, there is a bradley turn date on 8/30.... The last one, on 7/13 really didn't do much. Basically, if anything, it marked the end of the sharp phase of the advance, and the beginning of an upward grind... maybe some sort of a wedge... which recently came to an end. From what I see, various cyclic reversal times - even when they "work" - are more like approximations, and sometimes signify not reversals, but changes in the character of the trend, like accelerations or slowdowns. Maybe 8/30 will be the top of W2? -- g/ng The recent SPX top of almost 1246 is close enough to the 62% retracement of the Bear. If that will remain the case, historians will still be duly impressed with the harmony.... -g