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Re: [RT] Market - OEX astro



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At 11:26 AM 1/1/01 -0800, you wrote:
>Another rter asked me if I was still using astro tech and admittedly I said
>no because of some hardware/software/database changes.  His question did
>pique my interest to see what the view has been since last summer and what
>the immediate future held.  In previous use of the Quick Harmonic trader the
>4th harmonic for the bullish view and the 4th harmonic mirror for the
>bearish view seemed to be useful.  The OEX has been following the bearish
>view more closely so that is the attached chart.  In the bearish view, the
>OEX hit resistance at Jupiter / SunEarth last August after finding
>Neptune(thick white line) support 3 times in June and July.  After the
>August high Neptune failed the 4th test of support.  Since then the OEX has
>been finding support/resistance within two of the declining sun/earth price
>lines(4th harmonic).  Uranus(yellow price line) was support in early
>September and then resistance in late October.  Neptune(thin white price
>line) provided support at the October and November lows.  Then in December
>the primary Jupiter line provided support for the last rally attempt.  So
>what does it mean if anything for the future?  Well, Jupiter 658, Saturn
>666, Uranus 671, Neptune 686 might provide some heavy duty support in
>January.  Last Friday Neptune once again appears to be the support line at
>686.  Venus would appear to provide resistance at 704 next week as price
>collides with the down sloping Sun/Earth line.  If it doesn't, then the next
>series of resistance lines would be at Jupiter 748, Saturn 756, Uranus 761,
>Neptune 775.  The fact that the OEX has these heavy duty support lines just
>below prevented a trip to the lower side of that bearish Sun/Earth channel
>running since July.  Perhaps it means the OEX is in for a trend change.
>
>BobR
>http://www.oextrader.com/sigma_trader
>http://www.zubee.com
>
>
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>
>
>Attachment Converted: "d:\eudora\attach\OEXBEAR.gif"
>

Happy New Year Bob,

Using Astro or not, how proitable has it been?

Tks
Treat yourself: http://www.popcorncowboy.com



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