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turning point of bradley siderograph
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newmoon
Veteran |
25-Jul-2006 18:40
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Bradley siderograph based on astrological calculations has to be given an error of +or-10 trading days. Even the science of astronomy has a margin of error. As long as the current downtrend persists till november the graph is useful and would have saved you the trauma of this severe downturn starting in mid may 2006. A prospective study can be made as the forecast is written down for every one to see. Lagging indicators are of not much value as the past is over and done with. Every chart with lagging indicators looks accurate on hindsight.Just look up the chart for the STI today and tell me what you see in the next few days. Better still cover up the STI index chart up to mid may 2006 and see if you could have predicted the severe market break. The small b recovery wave was also predicted to occur around 20-6-06. It remains to be seen if there is a market downturn about 10 trading days from today. The proof is in the pudding and the market is always right. |
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hikitty
Master |
24-Jul-2006 18:02
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According to its website, that date could also be a sign of an upturn. It's similar to the adage, " head I win, tail you lose" . It's not all gloom according to the following extract from July 2006's issue of Wealthline, a monthly newsletter exclusively for DBS Treasures Clients: "Are we going into a prolonged bear market? Our contention is that we are not approaching a bear market, but simply experiencing a correction of market excesses. The macro-economic fundamentals of major world economies, including Asia, have remained strong even though growth has been moderate. The US stock market. which is at the centre of the storm, experienced only a 3% drop from 15 May to 15 June - not considered a siginificant decline to be a precursor to a bear market." It is imperative during the present correct phase not to hope to take profit by trading on margin or be a contra player - it's a shortcut to further losses. |
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newmoon
Veteran |
23-Jul-2006 22:43
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The next turning point of the donald bradley siderograph is dated 23/7/06. As indicated on the graph it will bring about the continuing downturn of world financial markets -courtesy of dell computers, middle east war,higher oil prices and interest rates. The dow jones, nasdaq, nyse and s&p indices have broken the 200day moving average decisively. The stars afterall are more reliable than overpaid analysts and other modern soothsayers in plush broking houses. |
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