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SP Gann Anal-ysis


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Here is a clearer picture on softy, unless $23 gets taken out.

 

 

Here is a clearer picture, unless $23 gets taken out. Each wave has a clean 5 wave so E wave is all most guaranteed.

FF,

Posted on: Nov 12 2003, 11:01 AM

MSFT dives below 26 decesively, heads to 23.  ...

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From Bernie Schaeffer's Option Advisor Dec issue:

 

"Will this ultimately end badly? I think so. For a very enlightening discussion of the eerie parallels between the Nixon administration's pre-election year juicing of the economy ahead of the disastrous market plunge in 1973-74 and how today's economy is being similarly pumped, don't miss "That 70's Show" in the 11/17/03 issue of Barron's. "

 

Must watch for Gann 30-yr cycle "pattern of the trend"

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The end,

 

Here's the update...thanks for reminding me, I have to update this on the website too.

 

A larger quick move above and back below would really be a great signal to go short.

 

Fun to watch another LT topping process!

 

Prechter still pounding the table but now calls this a big B wave coming to an end and the C wave down is about to begin.

 

http://www.financialsense.com/Experts/2003/Prechter2.html

 

 

I am going to buy some SP and DOW leap puts in here.

 

Hank

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