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[RT] short term top



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I remember this thread from yesterday so Altzheimer's has not set in 
yet. 

I will flip my coin again.

On the more serious note...while anything can happen...the market 
does take periods of sound sleep to naps to up and down mania. If the 
fundamentals do not agree with the TA, I "aint" buying or selling.

John



------------------ Reply Separator --------------------
Originally From: "M. Simms" <prosys@xxxxxxxxxxxxxxxx>
Subject: RE: [RT] short term top
Date: 10/21/2002 08:01pm


Incredibly.....Arch Crawford on CNBC this evening had the EXACT 
SAME "a-b-c"
SCENARIO.......with the "C" wave top coming around Thanksgiving !!

  -----Original Message-----
  From: M. Simms [mailto:prosys@xxxxxxxxxxxxxxxx]
  Sent: Saturday, October 19, 2002 5:05 PM
  To: realtraders@xxxxxxxxxxxxxxx
  Subject: RE: [RT] short term top


  So, this is what you are saying ?(attached)
  We could get back to the August highs then in a "C" wave move ?
  This definitely has some merit. Frustrate the shorts, suck-in the 
longs.

    -----Original Message-----
    From: Hill, Ernie [mailto:ernie.hill@xxxxxxxxxx]
    Sent: Saturday, October 19, 2002 10:15 AM
    To: 'realtraders@xxxxxxxxxxxxxxx'
    Subject: RE: [RT] short term top


    While EWT is not really my thing it appears to me and many others 
who's
opinions I value that we are currently in an a-b-c correction with 
the "a"
wave completed or near completion. This corresponds well with my high 
pivot
date of 10-22 plus or minus two days. It will be interesting to see 
how much
of the "a" wave is retraced by the "b" wave. Could be all of it and 
then
some. Following this pattern and my timeline puts the "c" wave being
completed somewhere in the vicinity of 11-11 to 11-22.

    E
      -----Original Message-----
      From: Bob Heisler [mailto:BHEISLER@xxxxxxxxx]
      Sent: Saturday, October 19, 2002 9:01 AM
      To: realtraders@xxxxxxxxxxxxxxx
      Subject: Re: [RT] short term top


      I was looking at the charts and unfortunately came up with the 
same
potential scenario.  Last week's rally was not that impressive plus 
we have
all those gaps under us to fill, and it won't be good news that 
sparks that
process.  I sure hope this plays out differently because that type of
negative surprise on 11/5 would likely impact things for a lot longer 
than
the next two years.

      Bob
        ----- Original Message -----
        From: EarlA
        To: realtraders@xxxxxxxxxxxxxxx
        Sent: Saturday, October 19, 2002 6:08 AM
        Subject: Re: [RT] short term top


        I have a lot of time clustering beginning in the 2nd week of
November and
        running into December. Next major confluence is 27Nov-03Dec. 
The
last two
        major confluence's were 25-26July and 10-11October. All of 
which is
        suggesting to me that there could be a surprise result in the
election which
        results in a major sell-off.

        Earl

        ----- Original Message -----
        From: "Hill, Ernie" <ernie.hill@xxxxxxxxxx>
        To: <realtraders@xxxxxxxxxxxxxxx>
        Sent: Friday, October 18, 2002 9:53 PM
        Subject: RE: [RT] short term top


        > After further review I now believe that the BEAR market 
rally will
likely
        > fizzle out shortly before the elections.



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