Mann, At the time of this post (in April) I got this signal for October for a "Change of Direction Point", originally I had the 13th but due to the market being closed, one day, for President Reagan's funeral, (in June) the date is now October 14th.
One problem with my "Change of Direction Points" is, I don't know whether the signal will be a high or a low, until we get there.
I had a signal for a "Change of Direction Point" for yesterday (September 13th), we don't know, yet, whether that was THE high or not (although I'm short and looking for the market to go down.)
I thought it was interesting that the COMPX bottomed on August 13th, went up (so far) for twenty trading days, now if the market goes down for about twenty trading days (actually twenty-three trading days until October 14th) maybe that will be a low.
We Will Know In The Fullness Of Time
At this time, I have no more signals, after October 14th, but given the levels that the market is at, at the moment, the market is going to have to go down, before I can get another signal for the next "Change of Direction Point". I'll post that one when I get it.
Jim
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