TA discussion, page-4757

Morning all,

well - what do you want? - the bad news or the good news?

Ok - from my end - our maths program shot us a major date of yesterday -- 22 April (Saturday) - why Saturday? - because it thinks down to the 7th decimal of a day (or is it 8th, can't remember) --

and, if it's going to give us an accurate hit - it signals a major low or high - a couple/few days either side of that date.

Also - it doesn't tell us what will happen ------ only when - you have to guess the rest.

So - as nothing of note happened on Thursday or Friday - then, my pick is Monday (can't be Tuesday - it's a public holiday).

Now for just what it means (to me and Parsifal) ------- ok, IF the program is correct - it will mean - 'normally' a major low or a major high ------------ ok, it could mean an acceleration of direction - but, normally - it's a change of direction.

So ------- if the program hit is on the nose ------------- it CAN'T be a high --------- it has to be a low (I doubt if it will be a continuation - too much happening in the company that is good).

So - here is the chart - and the way I see it is that the absolute low in the current downcycle was 50 cents - the day that the market got a fright that Nick might be leaving (he isn't) -

so, I see a low in the next day or 2 (trading days, and to be honest - I think Wednesday is too far away, but possible) ----- in which case - I am thinking of upping the position - looking for the spike down.

My only override is that that 50 low spike with the Nick ann. was a bit odd - so, we might make a low tomorrow, but, a bit higher than the Nick low ---------- I doubt it - but, just a bit of bum covering

have a great day all

Pinto