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Predictive Model Output - Mar 2, 2007

 
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Author Predictive Model Output - Mar 2, 2007
nodoodahs
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PostPosted: Sat Mar 03, 2007 12:29 pm    Post subject: Predictive Model Output - Mar 2, 2007 Reply with quote
http://www.billakanodoodahs.com/2007/03/predictive-model-output-mar-2-2007/
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Author Predictive Model Output - Mar 2, 2007 Replies
rffrydr
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PostPosted: Sat Mar 03, 2007 10:18 pm    Post subject: Reply with quote
Interesting week to run through the model.

Quote:
If the index recovers before a close under the old May 2006 high of 1325-ish, it would give a lot of heart to the buyers and possibly set up one good “sucker bounce” and retracement before giving us a “W of Death” go-ahead signal.


If it's a real "W of death that sucker's rally to, say 1380 at high, will drive down to that 10%, rally another third and track down to, and crack, chanel 1290. On THAT rally, there will be no noise.
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