[RT] AOL forecast

["Jim White" <jwhite43@xxxxxxx>]

On 10/17 I sent the below forecast to this 
group.
"AOL has extinguished its downside impulse today 
and should reverse to the upside on Wednesday. Another turn is forecast for 
Monday, 10/23, and assuming we are moving up into that date, it should reverse 
to down. I would expect a move no higher that 50 to 53 before continuing its 
bearish trend down. Another trend change is forecast for 11/3 but it is too 
early to determine the direction it will take."
On Wednesday AOL put in a low and moved up  to 
50.30. Since then it has not traded higher but has had three up days inside the 
range of the initial pulse. Tomorrow, 10/25 will be the last day for the 
reversal to down to occur according to my forecast. If AOL does not put in a 
lower low tomorrow the 10/23 turn date will be a failure and we will look to the 
next date, 11/3 for a turn. Let's see what happens tomorrow.
Jim WhitePivot Research & Trading 
Co.Pivottrader.com






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