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northam43

12/17/10 12:12 PM

#790 RE: NASARAVI #789

NASARAVI - "Comment - have you tried to pictorially depict the Phase I and Phase II for people like me who love to say picture is worth thousand words."

I show a chart everytime the SPX makes a new Phase I or Phase II. I don't know how else to pictorially depict the Phase I and Phase II. I also provide copies of my Data Sheets. So I am some what confused with your statement. Maybe you could give me some help here and provide me with a format that might be more useful.

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northam43

12/17/10 3:03 PM

#791 RE: NASARAVI #789

NASARAVI - "Do you use PPO 3,8 crossover as your earliest signal to indicate the potential for a daily Phase change, because last correction from Phase II daily down to Phase I daily lagged a bit by 3-4 days."

Yes, the PPO is an early warning indicator. When it makes a bearish crossing above the zero line, it is not a major cause for alarm, however you should watch it. If it proceeds below the zero line than the probability of a Phase I is greater.

Right now the PPO has made a bearish crossing above the zero line, however at this point it looks like it may be reversing course and we may get a bullish crossing.

With all three timeframes being in Phase II at once. This is when the sub indicators come into play. It's like keeping daily vital signs on a patient. Currently all the vitals are good for continued upside.