4 replies to this topic

[Rogerdodger]

"In general I am looking for a mid February low (from Rate T forecast) as a buy point for the new Short Range T which is expected to carry the market higher into the A-D T projected 3Q 2007 peak."

Check out Terry Laundry's very bullish update.

Short Term T Theory PDF:

Note below the blue volume oscillator has broken above a plausible 7 month green
Cash Build Up line. This confirms a new T is starting with a projected advance for
the S&P etc lasting a matching 7 months.
This brings the new T projection of a market advance into roughly September.
I believe this advance can become very speculative as expected by my Mega-T
complex discussion made earlier.

Edited by Rogerdodger, 05 February 2007 - 12:32 AM.

[maineman]

I've been reading Terry for as long as I can remember. He's "sort of" right most of the time, but his ideas are a bit heady and not really meant to be specific "trading" advice. So, as with any advisor, no matter how smart they are, follow your own work first and foremost and use the outside advisors at your own risk. Pit Bull, Marty Schwartz, discovered Terry over 25 years ago and made a zillion dollars using his "T" symmetry idea. However when Terry was asked about that he replied that he had No Idea what Marty was doing or what he "saw" in his work... a word to the wise: Terry was also recently calling for a pullback to AT LEAST the EMA 55 and possibly much deeper. "should have" happened already - hasn't.... so it goes. mm

Edited by maineman, 05 February 2007 - 07:36 AM.

[snorkels4]

at the rate terrys going he should be calling that stuff T fact

[securelstmile]

One of the reasons I like Terry's work is because he is so low key. He doesn't seek out media attention. He is still relatively undiscovered by the majority from what I can tell.

[Rogerdodger]

I've been reading Terry for as long as I can remember. He's "sort of" right most of the time, but his ideas are a bit heady and not really meant to be specific "trading" advice. So, as with any advisor, no matter how smart they are, follow your own work first and foremost and use the outside advisors at your own risk.

MM, good point.
I post it because it is an interesting theory.
It is a work in progress and subject to a bit of interpretation which may be wrong.
I believe it may be just a different way of identifying the various repeating cycles and the way they often cluster.
His looking for a pullback to the 55ema seems to be only a guess based on past action during previous "Ts".
The fact that we haven't seen such a pullback in the SPX may speak to the current nature of the market itself.
Recently Terry did project a low near November election day, which we got, but it was not as deep as he thought.

It's interesting to compare it to Airedale88's chart. Don't overlook that 4.5 year low at the bottom right.

Edited by Rogerdodger, 05 February 2007 - 10:55 AM.