DAY DATE MARKET 6703 --> 5703-
1 4/21 DOWN 43 957 to go?
REMEMBER TOMORROW IS THE PASSOVER/EARTH DAY FULLMOON!
2 4/22 UP 172+ 1130 to go? or WRONG?
3 4/23 Down 20 1110 to go or Wrong?
4 4/24 Down 20 1090 to go
5 4/25 Down 53 1047 to go
6 4/28 Up 44 1091 to go
7 4/29 Up 179 1270 to go or Wrong?
COMMENTS:
THIS IS A NEWS FILLED/ROLL-A-COASTER WEEK. Of course, I was NOT expecting the Sun-Uranus square to surprise me! This was a "take no prisoners-shoot the shorts day. Can't hide much longer- 7000 DIJA almost here. :(
8 4/30 UP 46 1316 to go or Wrong?
Well today our trade of 6000 before 7000 ends- but since it was issued at 6950 sometime ago, was quite a ride.
So now we have to see if 7111 of March 11 is taken out e.g. will IBM base at 160 etc. Still tomorrow could be a happy bear day. Stay tuned.
Watch May 1, 5 and 14th--each a potential firework day.
9 5/01 Down 32 1284 to go
At 6993 this morning felt like issuing another 6000 before 7000 call! :)
10 5/02
11 5/05
12 5/06
13 5/07
14 5/08
15 5/09
*****************************************************************************Remember: BOND PIVOT NUMBER: 107.30
Friday April 25/MONDAY April 28 next KEY DATE FOR THE MARKETS!
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LETTERS
Henry, I think the market will start down on May 8. >>
YES IT IS POSSIBLE I WAS EARLY ONE LUNAR CYCLE AND SHOULD HAVE STARTED OUR CALL CLOSER TO MERCURY DIRECT MAY 8TH. THEN AGAIN, PERHAPS I AM RIGHT - WILL KNOW SOON ENOUGH!
Are we to understand that the Dow will rise a 1000 points from 6703 to 7703 between now and 4/28? I am not clear on your latest projection. futher insight would be appreciated >>
No, while that is possible, it is NOT my forecast, it would mean I mismarked the Mercury Rx period. :(
Too bad you forgot to tell us what the passover/earth day full moon meant! Now you can claim it meant a temporary move in the "wrong" direction. :) >>
1. It means a large move in the market-- over 100 DIJA-- (see my book).
2. It either means what you say above, a holiday trading fakeout/short squeeze, or that we were wrong (premature) in this upcoming down move. Answer coming very soon.
4/22: ATT P1 Bought today as forecast last month below 52 week low of 31 5/8 as intermediate term hold for our value porfolio.
[For latest details listen to TRADING BY THE STARS on www.abslive.com]
Recording Schedule ~ 9am ET (subject to change): Monday morning plus Thursday or Friday morning and the day after any unusual market conditions e.g. a MAJOR forecast error!
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