cycles
#1
Posted 29 May 2007 - 11:38 PM
#2
Posted 29 May 2007 - 11:59 PM
Edited by vitaminm, 30 May 2007 - 12:07 AM.
#3
Posted 30 May 2007 - 02:05 AM
Edited by Mr Dev, 30 May 2007 - 02:09 AM.
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
#4
Posted 30 May 2007 - 03:41 AM
We are now 9.5 days along this first 2.5 wk cycle off the Hurst 10wk lows. Anticipated low is Thursday +/- 1 day. Short RUT from the close via TWM 62.50 stop at 61.75 and will take profits when targets met, possibly in the 65-65.50 range.
RUT has met its 3d fld upside projection on the intraday charts as well as a .618 retrace of the 5/23 to 5/24 decline. RUT is has run up against its 6d intraday fld area at the close and I believe will be bound by it.
As we get closer to the 4.5 yr low, targeted short trades near cycle lows should work better than they have for a long time. FWIW. Hope Aire can weigh in.
Echo
Echo. we're also looking at a likely left translated high for the 2.5 wk cycle fresh off the commonality 10 wk cycle low of 5/16. that hints of some trend weakening as we near the 4.5 yr nest of cycle lows. still short june Ruts.
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
#5
Posted 30 May 2007 - 07:34 AM
#6
Posted 30 May 2007 - 08:39 AM
Aire....
do you have any comments on presidential and decenial timing (cycles) suggesting next leg up starting in June ?
no. IMO Hurst's cyclic model shows the important cycles involved in creating price action.
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
#7
Posted 30 May 2007 - 10:05 AM
#8
Posted 31 May 2007 - 10:36 PM
Rut
15-60min-daily buy to 850?
dia spx mdy /daily sell
rut/iwm
Day's Range: 843.71 - 849.26
15min buy
30-60min sell
daily buy