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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, insteadof the usual pointless head-butting, here's some furtherinsight into the PNN astrocycles, already posted.Reasons for silence on this end throughout this thread, issimply 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'sNOTHING we can do, except wait and see how it all pansout ... the cycles WILL ALWAYS unfold naturally, but it isman's analysis and interpretation of those cycles, that canbe right or wrong ... but, if we use them in conjunctionwith 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 ofJanuary, as we approached our target date for an expectedpositive cycle on 06022007 ... in the past 2 days, thevolume 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 arefurther confirmation to contrarians, that the market hasgot it wrong, yet again.This was backed up, by support found, around the smallgap-up, at the beginning of the year (1.36): PNN,20070206,1.58,1.58,1.38,1.4,1111631Lessons here being ... watch for extreme negative priceand volume, going into an expected positive cycle, asthey will often signal, that the market is due for a leasantsurprise, quite soon.Likewise, extreme positive price action with high volume,approaching an expected negative cycle, may well be areflection of the "madness of the crowds", as they buy infear of missing out on profits, with total disregard for anyproper analysis.This stuff is quite SIMPLE and ANYBODY, with half a braincan surely work out an entry and exit strategy, to suit theirown trading plan circumstances ... for example:Agressive contrarians would have been buying ON our targetdate, possibly around the close, after watching yesterday'sprice action and the increased volume, close to criticalsupport, established at the beginning of 2007 ... THAT'show you trade the time cycles .... use SIMPLE indicators andfor the most part, take a contrarian approach, particularly ifprice action and volume is extreme, at strong support orresistance 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.pdfSo, anybody buying PNN on 05-06022007 would probablyhave benefited from today's gap-up at the open and thesubsequent 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 withthe planetary time cycles themselves, as they will ALWAYS unfold in anatural progression ... instead, it is our analysis and interpretation thatis wrong and astrotraders are constantly improving and developingbetter tools, in an effort to improve their forecasting accuracy.Fact is, we are really only just scratching the surface in understandinghow we can use the cosmic clock and fortunately for researchers andastrotraders, the market is an ideal place to get a graphical overviewof sentiment changes (price), combined with analysis of the constantTIME 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 forecasta rally, around this time ..... in fact, they have bailed out of a stock, thathas since gapped-up ... just 1 day, after they bailed out !~!..... better get back to counting those waves guys or maybe, it wouldbe more beneficial to learn some simple time cycle analysis,to complement your wave counts.happy days yogiP.S. ..... that Golden ratio Phi and its reciprocal (1.618 and .618), oftenused by EWavers, have been circling around above our heads, sinceGod created our universe and can be seen in the annual movementsof the Moon, Venus, Sun and our Earth, too. =====
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):
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.
=====
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