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A.J.:
I don't know what your T, IMT, ST, H, B initials mean. I assume these mean:
H: height
B: bottom
T: Target
the rest I don't know.
Netscape v4.75 cannot recreate the HTML created by Microsoft's Outlook Express
5.50.4133.2400. I can read your emails, but when I click "REPLY", all I get is dozens of
little empty boxes.
Daniel.
"A.J. Maas" wrote:
> Correct !!! (compare your calc to the calc topleft in chart).
> -----------------------------------
>
> T DATE
> It will not automaticaly mean that a break from pattern also automaticaly
> means that it will be next months target.
> For timing a "date" with the target, you will have to calc the PDP, pattern
> development period, that starts by the first instance pattern was
> 1) entered
> 2) or that pattern unfolded itselve
> 3) or just by its own left-halve width finished by the right-have break (out, fallout).
>
> IMT
> Usualy 1) is sufficiant, and therefore the 12 months calculated below is the
> correct pattern's TimeT (time-length target) that can be applied to this pattern,
> since: -entry date was @ end of Oct99 and
> -recent break or fallout was @ midst Oct00.
> Therefore, T 1189.43 is reached within the next 12 months, eg in or before Oct01.
>
> ST
> The double neckline resistance @ 1417.28 in combination with the immediate
> strong overhead resistance from the 1/3 Fractal Retracement + the falling
> Trend Cannel's resistanceline(both @ 1446.47), is sufficient enough to expect
> a retest of Low 1305.79 soon.
> Depending on the small pattern (design yet unknown) that is under development,
> then expect the ST fall to end
> 1.-on or at the 2x DIAMOND Irregular H+Ss neckline colapse T @ 1304.47
> 2.-or @ 7/8 Fractal Retracement(@ 1273.56)
> 3.-or even lower @ the full (100%) retracement @1233.
>
> Where then #3 and the dropout from DIAMOND is also indicating a "soft landing"
> in the US financial markets = too a soft landing for the US economy, eg the markets
> are usualy 1 year ahead of the "fact" (US companies yearly figures will be presented
> at the earliest at the end of Winter00/earlySpring01 and event will only have been
> fully digested by everyone by the end of Summer01).
> ----------------------------------------------------------------
>
> Isn't this year also President's election year in the US?
> -Explains the above "soft landing"
> -Also explains the unnatural rise of the U$ (vs the €URO).
>
> Short positions held in both, the (US indices) patterns+in the U$, can then also
> be hold onto 'very comfortably'.
>
> Have you also noticed how ugly plain text mails (below) can be?
>
> Regards,
> Ton Maas
> ms-irb@xxxxxxxxxxxxxxxx
> Dismiss the ".nospam" bit (including the dot) when replying.
> Homepage http://home.planet.nl/~anthmaas
>
> ----- Oorspronkelijk bericht -----
> Van: "Daniel Martinez" <DanM@xxxxxxxxxx>
> Aan: <metastock@xxxxxxxxxxxxx>
> Verzonden: zondag 22 oktober 2000 5:08
> Onderwerp: Re: Advanced Get versus MetaStock
>
> > If you showed a Diamond formation, and it broke through to the
> > downside, wouldn't you measure the height, which is:
> > 1552.87-1325.02=227.85
> > The breakdown point was @ 1417.28
> > 1417.28-227.87=1189.43
> > 1189.43 would be the approx. downside target, correct?
> >
> > What we are going through right now is the snap-back before heading
> > back down?
> >
> > Daniel.
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