yes certainly one of my favourites on the futures forum...
"Riding the SPI hard" an ominous last post
........ re: spi chart for 31.03.03 ..... new trading hours Posted 31/03/03 11:55:14 PM - 46 reads Posted by bombadier IP 203.43.xxx.xxx Post #978 - in reply to msg. #976 - splitview
Well guys, have been away today, got back this arvo and the power was down so was unable to post. Have had more good rains here (floods in many places) so hopefully the three year drought is broken.
For mine, using my simple home made excel time calculators, we have another dual cluster of time cycles today, so I am backing them and going short, also close to 50% retracement as yogi mentioned.
Alltime high of 29th June 01 is 630 degrees from today, (or 1 2/3 of a year). March 31st 01 was the double bottom that led up to the all time high and is two years or 720 degrees away.
Double clusters have been almost 100% correct in swings since I've been trading so I'm riding this one hard.
