cycles
#1
Posted 04 September 2007 - 02:08 PM
added to es longs on the friday fld break and a few more this morning, now 100% long for es holdings.
IMHO getting long here for an intermediate or longer time frame trade is an opportunity last presented after the march 2003 low, the previous 4.5 yr cycle low.
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
Posted 04 September 2007 - 02:17 PM
Edited by BearItch, 04 September 2007 - 02:19 PM.
#3
Posted 04 September 2007 - 02:23 PM
#4
Posted 04 September 2007 - 02:25 PM
Aire --
It does not seeem then that you anticiapte a 21 day mioving average of the NYSE A/D to generate a buy signal on a retest of the averages. Is this correct? Also, si there a five week low due in here at some point this week?
bearitch, when that a/d signal is given, i use it, BUT, there are other signals and uses for the envelopes.the cycles remain the most important tool i use.
right now, the upper 4% envelope on SPX is right around the nominal 10 wk cycle closing price projection on that chart i posted. i expect that envelope to be tagged.
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=6&dy=0&i=p23242174874&a=115482119&r=2114.png
Edited by airedale88, 04 September 2007 - 02:26 PM.
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 04 September 2007 - 02:40 PM
#6
Posted 04 September 2007 - 02:51 PM
Hi Airdale
Thanks for the post, according to Hurst theory when would you expect this new price target to be reached ?If I count about 25 trading days from the FLD crossing I come up with Sept 21, so this would be the approximate date give or take 3 trading days. What do you think ?
Pali
pali, this is a price projection only. the top for the current 10 wk cycle will occur based on the strength of the summed cyclic trend larger than the 10 wk cycle and can also occur at a higher price.
Edited by airedale88, 04 September 2007 - 02:53 PM.
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 04 September 2007 - 02:57 PM
#8
Posted 04 September 2007 - 03:16 PM
Edited by airedale88, 04 September 2007 - 03:17 PM.
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
#9
Posted 04 September 2007 - 08:34 PM