Mr Cooper Group Inc fka COOP

[The Yogi]

Hi Hammer, I have always enjoyed reading your most insightful posts. Your posts reflects matured experience and wisdom.
“TD” stands for Thomas DeMark (he named it after himself).
Tom and his models have shaped the investment strategies at some of the largest and most successful trading operations in the world including Tudor Group (Paul tudor Jones); George Soros; Charlie ("D") DiFrancesca; Larry williams, Goldman Sachs, Citibank, Morgan Bank, etc.
In any event, (as you know) it takes two points to draw a straight line, i.e., a “TD Trendline”. Based on my analysis, the first point was at the high of $4.87 on September 19, 2008; the second point was at $.115 on August 28, 2009. His method is a "bit complicated" (I suggest, if you can get a copy of his book, and read chapter 1). His method gives you the magnitude of the price projection, but not the timing of the move. My additional discovery indicates the timing of the projected price to be reached by Tuesday, September 8, 2009 (I say with a 90% probability) and no later than Saturday, September 19, 2009. I know that I am “going out on the limb with this” TD Price Projection, but I thought I would share it with you anyway.