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To: y2kate who wrote (153189)	10/17/2007 1:35:31 PM
From: bcrafty	Respond to of 209892

kate, some people think it's a "useless indicator" no matter what, but I'm not going into that. <g/ng> Those that consider the Bradley to be a noteworthy indicator consider it to be an intermediate term indicator. To give an example, it the market has been in an uptrend for several weeks and then there's a turn down within the Bradley turn window (particularly on "the most important" dates) then the market is going to continue going down for several weeks, not just for a few days. (i.e. a significant trend change on the daily charts, not just the hourly). I'm neither a defender or a derider of the Bradley, and over the six or so years I've followed it I've noticed that, like many other macro indicators, it can be hot or cold as a trend change indicator. When it's hot sometimes the intermediate term trend change will happen on the exact day of the Bradley turn, and the next trend change occurs on exactly the next Bradley turn date. In its cold period, well, simply nothing of consequence happens. Also on the idea of "if today can be termed a 'turn' day . . ." in my post to Teaparty it seemed that he was suggesting that last week's turn down was approximately within the Bradley window, and therefore the market may now be headed down for weeks. My reply was meant to suggest that since we had been headed down since last week maybe now the market will be turning up starting today.