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Re: [RT] What will market do.



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The markets have declined to a level where a reversal may occur. I do not expect much more to the downside - mostly sideways action until 11/7 where the reversal is forecasted.
The next date of interest is/13  which should terminate the up move.
Regards,
 
Jim
 
----- Original Message -----
From: Jim White
Sent: Wednesday, October 31, 2007 7:03 AM
Subject: [RT] What will market do.

What will the market do after the Fed announcement today? My next Near Impulse daily turning point is 11/7. Other indicators point to a low around 11/6 so I expect a down move with the understanding that the impulse caused by the Fed action is unpredictable.
 
Regards,
Jim White

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