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 : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (8366)	11/12/2005 1:59:13 AM
From: Real Man	Read Replies (2) \| Respond to of 12411

Bob, I am experimenting with the spiral, that's why I'm posting on this thread. I'll leave, I don't care. I have a LT bearish view, simply because there is nothing yet to say we are not in a second wave of the bear market, which started in 2000. We have yet to exceed 2000 highs. Nasdaq is 60% below those. I have a mid-term bearish view, since the rising wedge has been broken. We are currently on a buy signal, initiated by the break of the down spiral at around 1170 on October, 13. The up spiral (October high and low) going through Oct.,13, and predicting a rise into mid-November has not been broken. I am plotting it using a correct parametric math formula, and the scaling from barchart.com, so mine is exactly the GZ spiral, what it should be. The levels for SP cash next week are: Mon. 1218 Tue. 1224 Wed. 1232 Thur. 1242 Fr. 1266, WALL. If the SP trades below these levels next week on any day, it will give a sell signal. It will give a sell on Friday next week/following Monday no matter what. That's what I'm talking about. I have no position in this market, but I will short the break of the up spiral. The down spiral predicting a fall to 1120 wall (cash) into December, 21 is still tentative, and will need to be revised as we go. I have looked at many scenarios of the break of the up spiral next week. They all give a wall from 1120 to 1150, depending on the high made next week.