Sunday, May 15, 2011 12:08:01 AM
hi slinky,
One more rally to start by opex? I have a 5 week Hurst cycle low due Friday or Monday (May 20-23). Sentient is undecided where to place the 40 week Hurst low (ie. low in April vs. mid-March). Since the cycle periods are likely lengthening as we progress into this 80 week cycle (and second 80 week cycle period off the March 2009), April could well turn out to be the actual 40 week low. If so, don't underestimate the potential for an $SPX rally to new highs into June. Sale by date is no later than June 11th (ie. have an important turn on my Gann charts then).
As for health, as you say, when you don't have it you appreciate it the most.
GLGT Doc.
cheers,
john
http://www.sentienttrader.com
One more rally to start by opex? I have a 5 week Hurst cycle low due Friday or Monday (May 20-23). Sentient is undecided where to place the 40 week Hurst low (ie. low in April vs. mid-March). Since the cycle periods are likely lengthening as we progress into this 80 week cycle (and second 80 week cycle period off the March 2009), April could well turn out to be the actual 40 week low. If so, don't underestimate the potential for an $SPX rally to new highs into June. Sale by date is no later than June 11th (ie. have an important turn on my Gann charts then).
As for health, as you say, when you don't have it you appreciate it the most.
GLGT Doc.
cheers,
john
http://www.sentienttrader.com
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
