:)

..... looking at the time cycles for
the DOW and XJO markets ..... :)

:)

Hi folks,

Here's why, being short on the indices may well
be injurious to you wealth, no matter what the
gurus may say:

"05-08052006 ... should be positive cycle for DOW"

..... DOW up + 138 points ..... and a new high(?)

Quote above was taken from post, below.

-----

So, why did the shorts get it wrong this time ...???

Simply, it was not TIME to go short ..... !~!

This means, that despite all their EW analysis,
there was an important factor that was overlooked.

While EW may be a guide to how the market is
unfolding, it has a fundamental flaw ... that is, if we
take 100 EW exponents and compare their analysis,
we will likely come up with almost as many opinions
about the wave count ..... that's because, very few
of them can agree, even about WHERE TO START
their wave count !~!

-----

So, to prove the validity of their analysis, another
INDEPENDENT means of evaluation is needed, to either
provide confirmation or render their findings invalid.

One area that most chartists ignore is the TIME axis
on our charts, yet TIME being constant, it is much
EASIER to evaluate, than the variable PRICE axis .....

..... and believe it, TIME CYCLE analysis thrives on
the KISS principle.

Earlier in this thread, the Fibonacci sequence was mentioned
and it is often associated with EW, as sometimes the
waves fall into line, with the projected Fibo numbers.

Now, Fibo numbers are part of a natural sequence, accredited
to Fibonacci, but known and recognised by the Pythagorean
Jews, with their "Harmony of the Spheres." ie ... they knew
about the relationship between the orbit of Earth and Venus.

A ratio, that has been in existence for millions of years,
circulating right above our heads and a ratio, that not even
GWB can change ..... :)

Just as the Fibo sequence can be used on the PRICE axis,
so too it can be used to analyze the constant TIME, with
projections from previous highs and lows to key dates
ahead, where there may be a breakout, pause or reversal
in the market being evaluated.

-----

Key dates below were NOT derived using the Fibo sequence.
Instead, our TIME cycle analysis is derived by using Gann's
astrotools and an ephemeris. Very SIMPLE stuff, it is too ... :)

Skeptix say, "its not possible" ... but so far, as per the post
below, scoreboard favours the astrotraders ..... :)

... let's see how the rest of it unfolds, over the coming weeks.

We should also invite the skeptix to post their own take on
the DOW and XJO, for the same dates .....

..... it just won't happen !~!

-----

In summary, ignoring the TIME axis on our charts, means
that we are using less than 50% of the information, that
any chart has to offer ..... :)

have a great weekend

yogi

:)

=====

:)

Hi folks,

A quick note on our May 2006,
DOW/XJO overview ..... :)

05-08052006 ... should be positive cycle for DOW

10-12052006 ... particularly strong DOW cycle

17-18052006 ... positive cycle for XJO and
Aussie dollar moves, too ...(???)

26-29052006 ... negative news/moves for XJO

07062006 ... more negativity for XJO .....
alert for a big world event here

12-13062006 ... 2 positive cycles for DOW

happy days

yogi

:)