One mans guess

Well, the picture is becoming clearer, a decent decline here, and then higher....much higher into july! heres what Kools Tools are saying F.W.I.W.!

thanks Kool... I remember that post , it mentioned something about planets or astrology.....at the time I thought it odd as it didn't "sound" like you. Your explaination makes sense......I think I was confusing the projection with the cycle.....I'm watcjing the triples now below...I've found that the triples that fail happen near the high or low of the day.....both sets sit below current price of 75.50.....I'm WAY OFF TRACK/topic!! Thanks again and enjoy the weekend

heres a case where a cycle did influence my trade decision...and paid off!

note the one bar at the high? it projects 872.75

still not to late for them to run those stops below that 872.25 target that you alreay hit Kool..nice one...!!

told you we'd rebound today ...possibly into tomorrow! However take note that the 'leaders' nas and russell are underperforming on the rally! Thats telling you something!

i'll be watching closely the 885.25 and 896 areas today and tomorrow!

kool, there's a separate thread that has been opened here, in search of you...
http://www.mypivots.com/forum/topic.asp?TOPIC_ID=4789