Short Term Trading Member Forum

[bongo]

Toppcats I am paying attention to your bearish scenario as I am concerned about the action in the BP's and Bradley model.

BP's I look at have reversed to support. If that support breaks not good imo:
http://stockcharts.com/def/servlet/SC.pnf?chart=$BPSPX,PLUADANRBO[PA][D20051231][F1!1!1!!2!20]&p...

We seem to be in a similar situation to the 1/26/01 bit on Bradley for comparison:
http://www.geocities.com/cyclepro2/Charts/SP500/SID10728L.gif

One thing also not good: should the current inversion follow through that would give a date of July 16 for a low (Or double bottom):
http://www.geocities.com/~CyclePro/Charts/SP500/SID0412R.gif

Of course none of this is fitting in with cyclic phasing as currently being discussed on this board, or with some other stuff I get emailed about, but thought I'd put it up anyway.