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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (39285)	4/1/1999 12:38:00 PM
From: Bull RidaH	Respond to of 94695

Chip, Last friday WAS a 36.2 day cycle high day, recommending a sell of the high of the day. This past Monday, last Friday's high was exceeded, giving an inverted cycle buy signal. These inversions happen only roughly 30% of the time, but when they happen, good signals are generated. The last few inverted signals have only produced good results for a day or two, then the market halted the move. This has made the last few weeks VERY difficult to trade, unless you're closing positions at the end of each day. The longer day cycles tend to produce more long lasting results, and seem to come in at important highs/lows than the lesser day cycles. But i trade each cycle turn the same, because they all produce good results. Today we have a 22 day cycle low due, recommending a buy of the lows of the day. Monday we have a 16 day cycle low due, recommending a buy of the lows of the day. If the lower of these two day's lows is taken out, an inverted cycle SELL signal will be given. But you don't take action on the sell side until this happens, giving the upside the benefit of the doubt. A 26 day cycle high is due on Friday, April 9th, recommending a sell of the high of that day. The absoulte high for an upmove however could anytime between Monday and next Friday, but a SAFE sell would wait til Friday unless an upside pattern projection target is met or today or monday's lows are taken out. Regards, David