S&P Long term Symmetry Broken

I like Walther, he doesn't rub me the wrong way at all.

Trading times for tommorow!.

Anytime between 9:30AM and 4:15PM EST should provide the possibility of great gain. All time estimates are subject to interpretation, change, and revision, without notice. No Moon Phases, Tides , or Celestial Bodies, were injured in the making of this analysis.

(c)2003 Stock777 Visions Inc.

 

Look everybody I have a new friend !
If you really want to know when to trade tomorrow, all you have to do is ask, since we are buddies now.
Walter

 

I'm ressurecting this old thread to show how this call resulted in the current multi year bull market.

s&p was just over 1000 at the time.

check out the chart and the clear break of the multi year symmetry that was in place.

DISCLAIMERS:

any resemblance to an accurate forcast is purely coincidental.

don't try this at home.

not recommended for children under 12

 

no doubt. that call was not an obvious one back
then.

 

Whats really notable is that's the only chart I've ever posted here, or anywhere for that matter, so I'm not cherry picking. Just thought it might amuse some here.

Note that the yellow bars are actually the inverse plot of the bars on the upswing , with some small shifting in the center to line things up.

 

My take on the 'symmetry'

 

I dont get it, was there some value added there?

 

Well 'symmetry' for me means a single dividing line rather than the 2 you used Stock777, however
in my rush to show the 'proper way of doing it'

I only now realized your original chart and post is from 2003 !

Symmetrical or otherwise, Fibo/Gann fans work — good call.