Australian (ASX) Stock Market Forum

Reply to thread

:)


Hi folks,


For those who have tipped the bucket on us in this thread

..... how are you feeling now???


To turn this thread into something constructive, instead

of the usual pointless head-butting, here's some further

insight into the PNN astrocycles, already posted.


Reasons for silence on this end throughout this thread, is

simply ABSOLUTE faith in those God-given time cycles ...

... natural time cycles, which NO MAN can change.


If we TRUST those time cycles, that affect us all, there's

NOTHING we can do, except wait and see how it all pans

out ... the cycles WILL ALWAYS unfold naturally, but it is

man's analysis and interpretation of those cycles, that can

be right or wrong ... but, if we use them in conjunction

with other TA, then our analysis becomes more accurate.


-----


For example, with regard to PNN analysis, in particular:


PNN price action has been negative, since the end of

January, as we approached our target date for an expected

positive cycle on 06022007 ... in the past 2 days, the

volume increased significantly, as the market panicked ...


         PNN,20070205,1.76,1.8,1.44,1.59,701124

 

         PNN,20070206,1.58,1.58,1.38,1.4,1111631


..... such extreme, negative price action and volume are

further confirmation to contrarians, that the market has

got it wrong, yet again.


This was backed up, by support found, around the small

gap-up, at the beginning of the year (1.36):


         PNN,20070206,1.58,1.58,1.38,1.4,1111631


Lessons here being ... watch for extreme negative price

and volume, going into an expected positive cycle, as

they will often signal, that the market is due for a leasant

surprise, quite soon.


Likewise, extreme positive price action with high volume,

approaching an expected negative cycle, may well be a

reflection of the "madness of the crowds", as they buy in

fear of missing out on profits, with total disregard for any

proper analysis.


This stuff is quite SIMPLE and ANYBODY,  with half a brain

can surely work out an entry and exit strategy, to suit their

own trading plan circumstances ... for example:


Agressive contrarians would have been buying ON our target

date, possibly around the close, after watching yesterday's

price action and the increased volume, close to critical

support, established at the beginning of 2007 ... THAT's

how you trade the time cycles .... use SIMPLE indicators and

for the most part, take a contrarian approach, particularly if

price action and volume is extreme, at strong support or

resistance levels.


No, being an aggressive trader does NOT always work,

which is why the issue of TIME STOPS was discussed,

in my FREE ebook, "Trading Plan ... wozzat??", at:


 www.authorsden.com/SampleWorksPDF/10134.pdf


So, anybody buying PNN on 05-06022007 would probably

have benefited from today's gap-up at the open and the

subsequent price action that has ensued:


Code  Last +/-      %       Bid      Ask   Open High  Low   Trades  Volume     

 PNN 172 +32 +22.9% 172     173   156    172   155.5  143        472,191


.... up  22% on yesterday's close ... not bad for a calculated astropunt ... !~!


.....


Yes, often we do get them wrong ..... but, that has ZILCH to do with

the planetary time cycles themselves, as they will ALWAYS unfold in a

natural progression ... instead, it is our analysis and interpretation that

is wrong and astrotraders are constantly improving and developing

better tools, in an effort to improve their forecasting accuracy.


Fact is, we are really only just scratching the surface in understanding

how we can use the cosmic clock and fortunately for researchers and

astrotraders, the market is an ideal place to get a graphical overview

of sentiment changes (price), combined with analysis of the constant

TIME axis ..... :)


-----


So with PNN,  justice has been done and astrostuff wins, again !~!


Meanwhile, EWavers have shown the shortcomings of their own craft,

as NONE of them have produced any evidence, that the waves forecast

a rally, around this time ..... in fact, they have bailed out of a stock, that

has since gapped-up ... just 1 day, after they bailed out !~!


..... better get back to counting those waves guys or maybe, it would

be more beneficial to learn some simple time cycle analysis,

to complement your wave counts.


happy days


  yogi


P.S. ..... that Golden ratio Phi and its reciprocal (1.618 and .618), often

used  by EWavers, have been circling around above our heads, since

God created our universe and can be seen in the annual movements

of the  Moon, Venus, Sun and our Earth, too.

             

:)


=====


Top