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Re: SilentOne post# 46268

Tuesday, 11/01/2011 11:25:45 PM

Tuesday, November 01, 2011 11:25:45 PM

Post# of 51804
John - RE: Nov. 22-23 & 1294

I searched into some of my old works and compiled into the following post.

(sorry, I don't know how to format these chart into a better sized images)

summary:
The peak point 1292.66 observed on 10/27 is an important Fibonacci point

What to do:
Any new attempt and/or surmount this point is a short sell signal,

Possibility:
perhaps you will not see it again this year. odd 50/50.


Fibonacci retracement check:
[1011-- 1371] 0.786 1294
[667—1440] 0.809 1292

comments:
Siderograph turn date 07/29-30 nailed the downward acceleration correctly
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Posted on 31 July 2011 - 12:01 AM
S&P500 index drove below 1294 on 07/29, it closed at 1292.28 (1292 is 0.809 out of 1440 & 667), a point slightly below the critical point 1294. In overall, index is in the weak “Lagrangian points” ( http://en.wikipedia.org/wiki/Lagrangian_point ) that can move in either direction quickly.


comments:
1370.58 - 1258.07 = 112.51
1356.48 - 112.51 * 2.5 = 1075.21, 10/04 intraday low 1074.77
the area in between 1054-1062 will be tested again, 1054 is an important support.
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Posted on 10 August 2011 - 12:43 PM


comments:
Siderograph nailed the turn again on 10/28, index marked an important high on 10/27.
the significance for 11/22-23 worths attention. John’s cycle work suggests an important low. The 'important' turn date is due on 12/28.
The prior experience suggested these seconday turn dates, in fact, nailed important high/low. for example: an important low marked on 07/01/2010 (1010.91) in between the secondary turn dates 06/26/10 & 07/08/2010 ( http://forbestadvice.com/Money/Gurus/DonaldBradley/bradley2010.GIF )
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Sep 16 2011, 07:54 AM





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