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The term "Mr. Market" is one coined by an unidentified person other than I
who let the market just do what it does and play it for what it is....
Mr. Market has no claim to fame...and no axe to grind.
But I certainly would not sell ALL of my holdings just now and if one were
to believe the top is in, I would expect them to be 100% in cash or other
safe harbor. If I truly believed this was a top I would be shorting the
weakest sectors.
As stated in the post below "Let's play this out and see where this goes".
And let's enjoy ourselves a little. This Board was getting too quiet anyway.
Sincerely,
John
> Don't have the foggiest idea who John's "Mr. Market" is or what
> is the basis of his claim to fame.
>
> I do know what "The Swing Machine" is all about and am presenting an
> analysis of daily data going back 30 years. This evaluates EVERY swing
> of the selected magnitude over that period.
>
> Taking all these swings, using the time interval for and the price
> interval of the first leg of each 3 leg set, data was averaged into 5
> sets of averages which should represent what COULD be price/time paths
> for the
> SP 500 Cash market.
>
> Comments on the chart indicate which prices currently are following one
> of the paths presented. You will notice there were two prior attempts
> to top and both of these failed. No guarantee that this
> one will not fail also.
>
> Let this play out and see where things go. Me, I ain't long ! ! !
>
> Clyde
>
> Most interesting thing I've seen (other than this) was Norman's
> "spread". VERY VERY VERY VERY interesting. Gotta get time
> to do that going back forever and see what things say. Thanks
> Norman.
>
> cl
> - - - - - - - - - - - - - - - - - - - - - - - - - - - -
> Clyde Lee Chairman/CEO (Home of SwingMachine)
> SYTECH Corporation email: clydelee@xxxxxxxxxxxx
> 7910 Westglen, Suite 105 Office: (713) 783-9540
> Houston, TX 77063 Fax: (713) 783-1092
> Details at: www.theswingmachine.com
> - - - - - - - - - - - - - - - - - - - - - - - - - - - -
>
> ----- Original Message -----
> From: Rhonda Guilbeaux
> To: realtraders@xxxxxxxxxxxxxxx
> Sent: Wednesday, September 24, 2003 8:51 PM
> Subject: Re: [RT] Hurst 4 chart
>
>
> Ben,
> Price will lead the way.. and as of present time. a daily close below
> 1019 has strong implications.. going forward.. weekly close below
> it.. especially...
> Best,
> Rhonda
> ----- Original Message -----
> From: profitok
> To: realtraders@xxxxxxxxxxxxxxx
> Sent: Wednesday, September 24, 2003 8:48 PM
> Subject: Re: [RT] Hurst 4 chart
>
>
> Mr. market is calling for yearly high on 10/10/03
> plus or minus 2 days
> Ben
> ----- Original Message -----
> From: "Navtej S. Nandra (RR)" <nnandra@xxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Wednesday, September 24, 2003 9:33 PM
> Subject: Re: [RT] Hurst 4 chart
>
>
> > John,
> > Can't let a post like that go unnoticed! What are the
> possibilities you
> see
> > "Mr. Market" making and why?
> > Navtej
> >
> > ----- Original Message -----
> > From: <jvc689@xxxxxxx>
> >
> >
> > > Dear Rhonda,
> > >
> > > I too enjoyed your post and chart. Also the use of "possible
> high for
> the
> > > year" makes it a pretty safe call.
> > >
> > > On that basis, I think the possible high for the year may not
> have yet been seen. We will let Mr. Market tell us.
> > >
> > > I would not be selling short just yet.
> > >
> > > Sincerely,
> > >
> > > John
> > >
> > > > Great work, much appreciated.
> > > > n
> > > >
> >
> >
> >
> > To unsubscribe from this group, send an email to:
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> >
> >
> >
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> >
> >
>
>
>
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