the downside target would normally be overshot, but the extremely strong larger cyclic trend may factor in.
SPX cash index with 21 day mv avg envelopes 3% and 4%..
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=6&dy=0&i=p84428418024&r=1666.png
cycles
Started by
airedale88
, Jul 25 2007 04:15 AM
5 replies to this topic
#1
airedale88
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Posted 25 July 2007 - 04:15 AM
nominal 20 wk downside price projection, needs confirmation wed.
the downside target would normally be overshot, but the extremely strong larger cyclic trend may factor in.
SPX cash index with 21 day mv avg envelopes 3% and 4%..
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=6&dy=0&i=p84428418024&r=1666.png
the downside target would normally be overshot, but the extremely strong larger cyclic trend may factor in.
SPX cash index with 21 day mv avg envelopes 3% and 4%..
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=6&dy=0&i=p84428418024&r=1666.png
airedale
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
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
#2
SilentOne
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Posted 25 July 2007 - 04:30 AM
hi airedale,
Yesterday's drop was about 30 SPX points. We need another 35 - 40 pts to reach your target. Can we get this over with in the next few days, there's a bunch of stuff I want to buy. 
BTW, you showed tremendous persistance on your short trade.
cheers,
john
BTW, you showed tremendous persistance on your short trade.
cheers,
john
Edited by SilentOne, 25 July 2007 - 04:33 AM.
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#3
Curt
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Posted 25 July 2007 - 06:31 AM
Other cycles are suggesting a reaction rally up to 8/3 or so then a big down.
Might folks comment that Wednesday will be a stuck up day reacting to Tues down?
curt
#4
skyymaster
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Posted 25 July 2007 - 07:38 AM
[quote name='airedale88' date='Jul 25 2007, 04:15 AM' post='301682']
nominal 20 wk downside price projection, needs confirmation wed.
the downside target would normally be overshot, but the extremely strong larger cyclic trend may factor in.
SPX cash index with 21 day mv avg envelopes 3% and 4%..
=============================
Hi Air, thanks for your input. Do you have any forward cycle projections and targets for SPX. You mentioned strong cyclical pattern which implies up.
nominal 20 wk downside price projection, needs confirmation wed.
the downside target would normally be overshot, but the extremely strong larger cyclic trend may factor in.
SPX cash index with 21 day mv avg envelopes 3% and 4%..
=============================
Hi Air, thanks for your input. Do you have any forward cycle projections and targets for SPX. You mentioned strong cyclical pattern which implies up.
People should not be afraid of their governments. Governments should be afraid of their people.
Remember this day, men, for it will be yours for all time.
Remember this day, men, for it will be yours for all time.
#5
claire
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Posted 25 July 2007 - 01:35 PM
nominal 20 wk downside price projection, needs confirmation wed.
the downside target would normally be overshot, but the extremely strong larger cyclic trend may factor in.
SPX cash index with 21 day mv avg envelopes 3% and 4%..
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=6&dy=0&i=p84428418024&r=1666.png
Airedale -- I don't know how to read your chart for the price projection. Is it 1485 ? 1476? Thanks.
#6
Russ
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Posted 26 July 2007 - 11:55 AM
Once again very nice work Airedale88.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
