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To: Jim McMannis who wrote (1336)10/4/1998 5:49:00 PM
From: Tom Byron  Respond to of 81767
 
Jim: lst a qualifier. As mentioned in one of my postings of yesterday, I'm out of the markets for the last two months or so. Need to put most of my energies in a different areas right now. Hope to get back in a few months. (Maybe as late as June, 1999...:)..) So have also not be doing my daily and weekly charts..Now that said: ya might want to take a look at my posting of Sept 12th (No.914) to you posted at this site. Could answer most of your question. ...As TIME of the does NOT change, it's the price that various in its lows and highs. I have not gone back in time (nor do I have the tools to do such as analysis of the slow stochastics movements vs the bar and closing prices movements). Me only working with the internet at the public library, charts from the internet, my No. 2 pencil and 8" flexible ruler....:)....but it would be interesting to know how frequently what occurred with the slow stochastics (as stated in my Sep 12 posting) in past cycles....so bottom line, I don't have a difinite formula (cont



To: Jim McMannis who wrote (1336)10/4/1998 5:59:00 PM
From: Tom Byron  Respond to of 81767
 
(con't) for saying when Price Wise the XAU has put in a bottom or top.....but, in one sense I do... I have talked about the 6 crossings of the "red and blue" of the slow stochastics within EACH 38 weeks cycle. See this last 38 weeks cycle of the XAU with the Bigcharts slow stochastics for the same time period. (all this is weekly charts I'm talking about)..when the slow stochastics made its 6th crossing of that cycle, THAT WAS THE SIGNAL TO GET IN.!!!! ...Same is true for the S&P 500... I have not seen a current, updated Slow stochastics weekly chart of the S&P 500 for this week. Bigcharts timing of updates jumps all over the board... BUT, that said, I make a bet that we had the ending of its #5 wave up Wednesday of this week and we are not in the process of up in the #6 done for the S&P 500....Hope all this Sundays afternoon ramblings at the Public Library makes some sense...Paraphrasing Mr. ANOTHER...Let Us Watch This XAU and S&P 500 Integrated 9 Waves System Together.Waves and Cycles Together.