friday's stage set, page-51

hey paul

thanks for your webcast. it actually was very helpful in assisting me to better understand your charts.

from my very basic interesting, ichimohu seems works in a similar way to my moving average grid.

as you know, your clouds and support/resistance lines are dynamic in relation to both time and price. from my experience, sometimes it is not price that greets a moving average, but with time, the moving average is able to greet price.

i would love to discuss your chart further, but perhaps on a weekend thread as i recognise this post is getting a tad long.

mongo - thanks for the update from mchugh update. according my weekly, approx 830 needs to hold the decline. if it doesn't, it opens the possibly of 720/30.

beyond that, i'm still seeing much higher levels than mchugh is forecasting....but we'll have to wait and see how it pans out. :)