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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?

To: ViperChick Secret Agent 006.9 who wrote (9472)	12/26/1997 9:27:00 AM
From: Greg R	Read Replies (2) \| Respond to of 13456

Hi Lisa - The DOW over the next few weeks? In a month's time, up. Over the next week, I hesitate. It should be up as well however lately the DOW has been bouncing off the extremes of its Inpathique permitted limits and it might like to try that again on the lower side. I'm more interested in where it will be in a month's time. The DOW is on the final leg of a short bull set. An Inpathique set (bull in this case) consists of a rise, then a drop through its preestablished "First X-over", a rise to the "Last X-over" (also very predictable) another drop and then the rise to the finish. We are just completing that last drop after the last X-over. This final phase of the pattern is the most difficult for accurate forecasting, however here goes. 1. The most likely (65%) scenario is that the DOW will rise to a point approximately under the theoretical apex of the Bull Set. That occurs during the last week of January. The most likely Intra day high will be 8010 ish however it could be anywhere from 7950 to 8060 2. If the market is being weak however, and that we will only know for sure as we watch how it unfolds over the next couple of weeks, the DOW may only crawl up to 7860 around the first week of Feb collapsing. 3. There is a very remote chance, if the DOW is extremely negative (as negative as gold was from June to a couple of weeks ago), that the DOW might only go to 7730 on Jan 27 and then crash. This pattern has never been seen in the DOW before (perhaps 87 but I've never tried plotting that old data), therefore I put the chance at 0 to 5% Greg