If this continues there is still time to short on the 14th of August. So far we have had
3 confirmed tops based on the 1998 fractal .....
August 8th was a minor top yesterday based on the 1998 fractal
The evidence is getting very strong in support on more selling <<<<<<<<<<
Again I just let the markets tell me what to do ..........
July 17th top < Major
July 30th top < Major
August 14th bottom < Minor Bottom
August 18th top < Major Top
August 31st < Major Bottom
The Fractal Dates Again
Started by
Frac_Man
, Aug 09 2007 09:00 AM
6 replies to this topic
#1
Frac_Man
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Hank Wernicki M.A.
#2
gmoney
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Posted 09 August 2007 - 09:04 AM
Hank,
I'm a touch confused.
If Aug 14 indicates minor bottom, why am I shorting?
gmoney
#3
blustar
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blustar
Posted 09 August 2007 - 09:10 AM
My work agrees with yours. Could the low come a day early like August 13? I have a new moon reversal due then. The 48-56 day cycle can come as late as Tuesday next week with my work as also the 8 day cycle (from August 1) can be late by one day too.
TIA 
blu
blu
#4
Jnavin
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Posted 09 August 2007 - 09:17 AM
Hank, you meant to say "short FOR the 8/14 bottom," right?
#5
Tor
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Posted 09 August 2007 - 09:26 AM
Hank do you have any idea at all for a target low at the end of the month?????
SPX number?
I have 100 points down to the 1400 level. Any views?
Thanks and good trading.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#6
blustar
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blustar
Posted 09 August 2007 - 09:37 AM
Also, could the end of month low be a higher low like a wave 2 low? Given my cycle work that seems likely at this point.
I think he meant there is still time to short into the 8/14 expected low.
#7
Frac_Man
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Hank Wernicki M.A.
Posted 09 August 2007 - 01:34 PM
you cover and take profits on that date <<<<
yes correct
it's going to be a big OUCH number <<<<
look at the 98 charts from July into August to get an idea
no no ......................... that date should be a bounce to short into <<<<<<<<
Hank,
I'm a touch confused.
If Aug 14 indicates minor bottom, why am I shorting?
gmoney
yes correct
Also, could the end of month low be a higher low like a wave 2 low? Given my cycle work that seems likely at this point.
I think he meant there is still time to short into the 8/14 expected low.
it's going to be a big OUCH number <<<<
look at the 98 charts from July into August to get an idea
Hank do you have any idea at all for a target low at the end of the month?????
SPX number?
I have 100 points down to the 1400 level. Any views?
Thanks and good trading.
no no ......................... that date should be a bounce to short into <<<<<<<<
Hank, you meant to say "short FOR the 8/14 bottom," right?
