Disqus - Latest Comments for VirginiaJim

Re: E-minis

VirginiaJim — Sun, 14 Jul 2013 08:52:30 -0000

Several weeks ago I proposed a fractal replication of 1929 crash sequence that draws a perfect correlation between the major market turns in 1929 to the same sequence that began one Uranus cycle later on May 22, 2013. This is an update of that proposed fractal.

I drafted the attached but could not post it due to length. I've converted it to a screen capture in hopes it might be useful and to document some things I've suspected may occur.

Bottom line. SPX and DJIA will not make highs that exceed May 22, 2013 and will fall into a collapse over the next four weeks consistent with the 1929 Uranus fractal. That collapse will find a meaningful multi-month bottom on August 11, 2013 as I've previously posted.

http://screencast.com/t/T2C...

Jim

Re: Elliott Wave Update ~ 5 July 2013

VirginiaJim — Sun, 07 Jul 2013 18:40:07 -0000

I gave you the website that has the ancient Greek symbols.

Jim

Re: Elliott Wave Update ~ 5 July 2013

VirginiaJim — Sun, 07 Jul 2013 16:55:15 -0000

According to Peter's excellent website devoted to applied concepts of the great trader and Christian, WD Gann (link below) and, something many of us have known but forgotten along the way, Biblical names have numerical significance translated via Greek Isopsephia:

Jesus = 888

Christ = 1480

Lord = 800

Few of us have forgotten that the devil is represented by 666 according to Revelation. That's the background, not the story.

The S&P 500 put in a crash bottom at a price of 666 on March 6, 2009. Many of us know that as well. Coincidence that the bottom is occupied by the Devil?

But that's not what I just realized. Where Satan arguably occupied the bottom at 666, wouldn't it be appropriate that we relate the top of the stock market to his heavenly counterpart?

Lord Jesus = 800 + 888 = 1688..... The S&P 500 top price on May 22, 2013, the present all time high in the stock market.

What's the chance of that?

Jim

http://pricemechanics.blogs...

Re: Elliott Wave Update ~ 5 July 2013

VirginiaJim — Sat, 06 Jul 2013 19:38:05 -0000

1929 Uranus Fractal update. Friday wasn't a good day for the fractal since the 3 indices and tracking stocks all made highs that were higher than the ideal date according to the below table. That puts the 3rd data point 2-3 trading days late relative to the exact day they were scheduled (Monday July 1). But that's the nature of a fractal absent the Uranus connection; they are self similar patterns....not self exact. And the human nature is to see fractals everywhere depending on one's bias and when the next valium is due. The 1929 Uranus fractal was unique from 2 perspectives.

First, the May 22, 2013 all time high occurred exactly 360* + 1 TD after the September 3, 1929 then all time high. WD Gann had a thing for "anniversaries". He also had a thing for "vibrations." The 1929 crash cycle certainly sent some vibrations through the market for months and years thereafter. Gann felt that anniversaries of events such as 1929 would be felt for years and decades to come, so he'd watch not just the next day, but the next lunar 360* movement, the next solar anniversary, the next Martian anniversary....the next Uranus anniversary. Of course, when a planet such as Uranus takes 84 years to complete an orbit of the Sun, you don't see many 84 anniversaries in a lifetime. It makes all the sense in the world that a vibration of the distant past would be felt 1 Uranus year later.

Second, on June 14, before the first of the "crash cycle" dates, I had this odd thought that perhaps Uranus would create a vibration that would set in motion a similar series of events as in 1929. And at least the first 2 data points were perfect repeats. The third is not. That's still a pretty good track record. And there's a couple significant astro events forthcoming on the key date of the crash cycle which is July 17; Uranus goes retrograde and Jupiter is trine Saturn that day. You might check where Uranus went direct in 1987....4 TDs after the then all time high on 8/25/1987. And you might check the Uranus 360* "anniversary" of the second bottom of the 1903 panic.....it was October 16, 1987, 1 TD before the crash.

So, there is storied history that Uranus might, indeed, start something. The above are the similarities. The primary differences are 1) the drop from the very top to the June 24 low was only 7% where in 1929 it was 17% and 2) the 3rd data point is off by about 2 TDs.

One last line of support for the 1929 fractal. Last night I was able to apply market geometry (Cowan, Gann, etc) and perfectly derive the date of the 3/6/2009 bottom from two data points, the 2000 top and the 2002 bottom. I then used the same method but with the 2000 top and the 2009 bottom to derive the date 8/11/2013. That date projects the bottom of 'something'. Moreso, I'd contend it supports the 1929 Uranus fractal and vice versa. If you want to read that research, I've attached it a couple posts earlier. I had to use a png file because the jpeg was too big. All the tables and calcs are given, but you'll have to be well versed in Bradley Cowan's market geometry (Pythagorean geometry applied to markets ala Gann). My apology for the difficulty you might have in reading the png.

Needles to say, Friday's high being 2 TDs late, does not increase confidence in its viability. Nor would further highs. Make up your own minds. And keep in mind, your studies of EW on this website is simply applying EW structural rules to market behavior in order to isolate repetitive market patterns; e.g. EW fractals. So, here's the updated 1929 Uranus fractal:

Re: Elliott Wave Update ~ 5 July 2013

VirginiaJim — Sat, 06 Jul 2013 19:00:44 -0000

Supporting the August 11, 2013 bottom to a steep decline:

Re: Elliott Wave Update ~ 5 July 2013

VirginiaJim — Fri, 05 Jul 2013 19:33:24 -0000

Independent of the next low projected by the 1929 Uranus Fractal as August 1, 2013 (which is geo U 360 + 1 TD), I've computed by other means the next low in the Dow. It should occur on August 11, 2013. If I've interpreted the methodology correctly and it works, credit for it is owed to Peter Palaskas as teacher and Pythagorus as inventor. If not, I'll put the dunce cap on and sit in the corner because its not their fault I can't interpret instructions.

Won't be all that long before we know if August 11, 2013 is the major low. Of course, August 11 is a Saturday, so either the 10th or 12th would be acceptable.

And if correct, the market should noticeably begin its steep decline during the next two weeks and, subsequent to August 11, begin a modest recovery through the fall and into the first of January 2014.

Jim

Re: E-minis

VirginiaJim — Wed, 03 Jul 2013 07:32:22 -0000

Nah, I haven't posted in a long time. I don't know which handles to pull. But, if the 1929 Uranus Fractal is actually occurring, it is important for everyone. Thanks, Jim

Re: E-minis

VirginiaJim — Wed, 03 Jul 2013 07:28:32 -0000

Briefly, the Sept 3, 1929 all time high before the Great Crash re occurred on May 22, 2013...exactly 360* of Uranus plus 1 trading day later. Similarly, the first minor low (Oct 4, 1929) and the secondary high (Oct 11, 1929) have occurred exactly, to the day, one cycle of Uranus plus 1 TD on June 24, 2013 and July 1, 2013, respectively. The next date of importance is the first prominent low that occurred on October 29, 1929. It is scheduled to occur on July 17, 2013.

Re: E-minis

VirginiaJim — Wed, 03 Jul 2013 07:23:56 -0000

The leading diagonal is in the wrong place and wrong degree. I believe there are 3s forthcoming. See my next post re 1929 Uranus Fractal.

Re: Daneric's Elliott Waves: Elliott Wave Update ~ 1 July 2013

VirginiaJim — Tue, 02 Jul 2013 19:58:48 -0000

Two suggestions. First the 1929 Uranus fractal. Briefly, the Sept 3, 1929 all time high before the crash re occurred on May 22, 2013...exactly 360* of Uranus plus 1 trading day later. Similarly, the first minor low (Oct 4, 1929) and the secondary high (Oct 11, 1929) have occurred exactly, to the day, one cycle of Uranus plus 1 TD on June 24, 2013 and July 1, 2013, respectively. The next date of importance is the first prominent low that occurred on October 29, 1929. It is scheduled to occur on July 17, 2013.

http://screencast.com/t/rr8...

Second. For this fractal to work, there cannot be the higher high than July 1 that is projected last night and tonight by Dan. I'd suggest there is a leading diagonal of a smaller degree and that the count in SPY and QQQ (I prefer actual traded instruments as opposed to averages) is:

http://screencast.com/t/iMW...

http://screencast.com/t/KWF...

Again, if the markets make a new high above July 1, then Daneric's expanding diagonal is likely playing out. If the markets fall instead, then they may be in two sets of wave 3's that produced the 1929 crash.

Reflect on this. The above table gives the first 4 hallmark dates that occurred in 1929, the first 3 of which have been realized exactly one cycle of Uranus plus one trading day apart. What are the odds of that occurring?

And good luck,

Jim

Re: American Way: don't impose Watergate on the scandals facing Obama - they stand on their own

VirginiaJim — Mon, 20 May 2013 11:44:47 -0000

Wrong again. Simply an adjective. Your reply was twice the length of the pithy and to the point initial post. You seem all the more confused with each post.

Have a great Obamacare, Global warming day.

Re: American Way: don't impose Watergate on the scandals facing Obama - they stand on their own

VirginiaJim — Mon, 20 May 2013 11:36:52 -0000

Excellent responses in the true Obama style; respond to every logical argument with a personal attack.

To the point of racism. Read Ronald Kesslar's observations of the various administration's he served as a career Secret Service servant to a half century of presidents.

To the point of terrorism, recall Obama's philosophy of burned bridges. "Reward your friends and punish your enemies." You can see him encourage punishment on Youtube if you wish.

Re: American Way: don't impose Watergate on the scandals facing Obama - they stand on their own

VirginiaJim — Mon, 20 May 2013 11:17:40 -0000

Rather long winded. I expect you're perplexed in your thoughts.

Terrorism is an IRS agent(s) standing on your doorstep without any provocation. It's worse when you look at MANY of the stories coming out. That 'targets' were subjected to not just IRS but OSHA audits, FBI agent visits, Homeland Security visits.

Those groups are not entirely white and I purposefully used the word "predominantly" which you conveniently overlooked. The similarity to racism is entirely warranted.

My logic is substantially correct; the breadth and substance of this trifecta of scandals and coverups dwarfs the isolated Watergate event.

Re: American Way: don't impose Watergate on the scandals facing Obama - they stand on their own

VirginiaJim — Mon, 20 May 2013 08:19:06 -0000

Watergate pales in comparison to the breadth and dishonesty of the current 3 scandals. Citizens of the US were TERRORIZED by this administration's IRS and other agencies. Citizens of the US were demonstrably LIED to by this administration. People DIED and we still do not know the persons responsible despite the silly admission of responsibility by Clinton.

Since the vast majority of abuses of power were lodged against organizations predominated by white Christians and none were lodged against black and/or progressive organizations, the President and his party have developed their new, 21st century practice of class racism.

Had these scandals been known before the election, arguably, the result would have been different; not true in Watergate. Watergate was peanuts.

Re: Dear Matt Drudge: Stop the race stories

VirginiaJim — Fri, 09 Nov 2012 11:51:52 -0000

Drudge should continue to carry the race stories, most of which are related to racial violence. Many of us are aware of the dramatic disparity of one particular race imposing on another. Eric Holder's own Justice Department statistics shows that one particular race assaults and murders the other at a rate of 5 times the former's. For those who are naively unaware of those statistics, the many stories that Drudge posts gives a reader an increased awareness that might someday save their life.

As Jesse Jackson Sr said about walking down a Washington DC street one night when he heard footsteps of two persons rapidly overtaking him; "I was relieved when they passed me and I saw it was two white guys."

Like Drudge, Jesse Jackson was excoriated over that story.

Re: Is America in Decline? (airs Saturday at 3PM and 10PM on FNC)

VirginiaJim — Sat, 09 Jun 2012 16:11:14 -0000

John said "Diversity is a strength" of the US.

Why does everyone, including John, says this? Let's see, black on white violence exceeds white on black violence in multiples (as in 5 to one) and that's not considering the former represents less than 15% of the population....ratably, it's far worse. Perhaps diversity is good for those who "take" but bad for those who "make." Perhaps its good for those who steal, vandalize and attack but certainly not good for those who are civil. I can't think of a set of statistics which support the notion that diversity is uniformly good for all. It simply is not.

I think statements made to placate liberals tend to confuse what's fashionable with what is accurate. If anything, denying the problem only prevents its solution.

Jim

Re: Picture of the Day: Barack Obama Brandishes a Baguette - Atlantic Mobile

VirginiaJim — Wed, 16 May 2012 17:17:57 -0000

Yes, his 2nd year WH medical staff report was released and it said that he was in good condition EXCEPT they said he should endeavor to cut down on his smoking.

Recently, (a couple months ago), Michelle said she "hadn't seen" BO smoking for a year. Of course, that's a Hillary type statement. She didn't say she 'knows' he hasn't been smoking or that he's quit. She said she hasn't "seen" him doing it.

Call him "Two Pack Barrack."

Jim

Re: Elliott Wave Update ~ 1 November

VirginiaJim — Mon, 01 Nov 2010 18:30:50 -0000

If that pivot is breached, the gates of hell will be open wide. A break north in a thrust out the putative triangle would/should carry to 1230 breaking the 4/26/2010 high. That's not consistent with the five wave thrust out of the NDX triangle, be it an EW triangle or classic Edwards Magee triangle..... Anything can happen with Bernanke Wednesday most believe. Maybe he'll triumphantly induce inflation. Maybe he won't but I sure don't see it in the charts.

Re: Elliott Wave Update ~ 29 October

VirginiaJim — Sun, 31 Oct 2010 20:10:07 -0000

Triangle breaking upward? I'm having a hard time counting that mess from the October 4. In NDX/NQ, I can see the larger count as being a 5 wave thrust (white converging vectors) out of a large b wave triangle (blue converging vectors). http://www.screencast.com/users/Virginia_Jim/folders/Jing/media/1cf9b8b8-e0dc-4561-aa13-264bcb573f21
As the departed Saddam would say “This the mother of all” ending diagonals. In Edwards and Magee parlance, a maturing ascending bearish wedge. Sure, that SPX triangle could be a triangle and break upside. If it does, I'd say the EW crowd has a big problem. Its measurement objective exceeds the April 26 high and we'd have to conclude the bulls are ready to stampede. One last thing. Those two green boxes on the chart are equal time and enclose what would be thought of as the waves 3 and 5 of the ED. THAT WOULD IMPLY 2 MORE DAYS AND THE ED POPS.

And BTW, I read this on another board and, if true, there are far more bulls than bears than at flash crash time.
** Friday 2) The increase in bullishness in every single sentiment indicator including the Barron's poll today. This poll showed that the Big Money poll participants grew much more bullish than they were exactly six months ago at the May high. Back then the ratio was 46%-16% just before the flash crash. Now at exactly the same spot they are up to 60%-15%, or 3 times as many bulls as bears. Of such optimism do market declines come. **

Re: Elliott Wave Update ~ 25 October

VirginiaJim — Tue, 26 Oct 2010 09:26:44 -0000

A couple simple observations about the stock market. The below link is a chart of SPX (S&P 500) from 1982 to 2012. There are 6 shaded and 6 unshaded areas numbered at the top, 1-12 and each area is 637 trading days wide. The first trading area starts on 8/12/1982 and the 12th shaded area ends on October 31, 2012. Note that EVERY important high or low in the market over the last 10 years has happened at the end of a shaded/unshaded area (within 19 trading day error).

http://www.screencast.com/users/Virginia_Jim/folders/Jing/media/71dd41c4-a97d-49fa-8247-e3fc6b57081e

Now note the very dark red vectors. Every red bull market has been steeper, a faster price rise per unit of time. Conversely the dark blue vectors are steeper declines. And note that the inclines take a lot longer than the declines. The first incline took 5 periods of 637 days from 1982 to 2000. The second incline took from 2002 to 2007 and was steeper. Again, conversely, following the 5 period incline, the market took a 1 year decline and lost about 50% of its value. And following the second incline that took 2 periods, the decline from 2007 to 2009 took less 1 period; 353 trading days to be exact. That second decline was from 1576 to 666, more than 60% loss of market cap. The final deep blue line is where I project the market may go by the end of 2012. Every incline has been faster and every decline has been still faster and more violent…..and a projection of the third blue vector ends in 2012. Back to near where it was in 1982. A 30 year round trip. Might 30 have meaning as well as the recurrent numbers of 12 and 144?

In Revelations
“And I heard the number of them which were sealed: and there were seated an hundred and forty and four thousand of all the tribes of the children of Israel,
Of the tribe of Judah were sealed twelve thousand. Of the tribe of Reuben were sealed twelve thousand…….” Twelve tribes of 12000 or 144000

The “Square of Twelve.” 12 X 12 = 144. The chart is 12 periods of 637 equal days ending near the Mayan date of 12/21/2012. Further scary, the price rise from 8/12/1982 is 1,476. Pretty darn close to 144 X 10. Put a finer point on it. What Elliott Wavers call the “Orthodox High” occurred on March 24, 2000 at 1552. 1552 minus the 102 at 8/12/1982 is 1450 which is even closer to 144 X10. When dealing with 500 companies in the S&P, tens of thousands of active investors, billions of shares traded daily, much more in 3 decades, what a coincidence.

Now look at the faint green diagonal vectors that touch the four corners of the chart. They intersect at October 14, 1997 dead in the middle of the chart. I’ve circled it. Look at how close the market closed on November 4, 1997. It almost looks like the market was destined to get to that perfect geometric ‘center’ of this chart.

There’s so much more “coincidence” in the market that supports the following premise spoken by the obscure fictional character Graham Hess:

“Or, look at the question this way: Is it possible that there are no coincidences?”

Should you be so disposed, Google that comment and Graham Hess and ponder the one paragraph which provides context. And you might Google “30” and the Bible and what comes after 30, namely 31. More than a little interesting.

There's so much more. I'll post tonight

Jim Ross

Re: ‘CBS Evening News’ Ties All-Time Low - TVNewser

VirginiaJim — Tue, 24 Aug 2010 16:02:49 -0000

Duh, CBS is simply not trustworthy.

Re: Martin Armstrong From The Hole IX

VirginiaJim — Fri, 09 Apr 2010 21:24:11 -0000

Seems Martin has tempered his death of the dollar theme. Says the death of so many other currencies will result in the knee jerk rush to safety in the dollar. Looks like he now agrees with the position Prechter has had for more than a decade. And Martin isn't as adamant that gold will double as he once was. Interesting. Jim

Re: Virginia Jim

VirginiaJim — Mon, 05 Apr 2010 07:39:34 -0000

3, the first of all prime numbers, has significance on which books are written. I find it significant that the area of the boxes are related to the 3rd decimal place. To me it supports existence of geometry in the market and more importantly the heightened probability of the implication of the larger Gann square.

Re: Virginia Jim

VirginiaJim — Fri, 02 Apr 2010 08:34:31 -0000

Yes, the red diagonal starting at Oct 11, 2007 high that ends at the right lower corner of the square.

The 1987 low is just one point on the red 1:1 (45*) vector. 1987 was just a noteworthy point that MUST fall on the vector somewhere. And at that point, by mathematic/geometric definition, price and time must be square. What is extremely noteworthy is that the area of that square is 3.008 X the area of square A. That is the alarming note. Less alarming is the nearness of the bottoming date of January 30, 2013 to the date of the Galactic Center.

Re: Virginia Jim

VirginiaJim — Thu, 01 Apr 2010 07:54:28 -0000

I identified Square B by 1) drawing the 1:1 angle (45*) from the 10/11/2007 top and then 2) finding the intersection of that vector at the 1987 low. It was purely hunt. That resulted in the 1363 trading days by 1360 price (from 216 at the 1987 bottom to 1576 at the 2007 top). That's how I guessed at square B. Since then, I've seen some amazing coincidences that indicate it might be a roadmap to future price action. One such coincidence is that the area of square B is almost exactly equal to square A. Remember your geometry. Area = length X width. Square B is 1363 X 1360 and square A is 785 X 785. Multiply those out and divide by 3.

I call those boxes square A and square B. They appear to be vertically aligned rectangles, but in reality they are Gann squares by Gann's definition. If I simply shrank the y axis or expanded the x axis I could produce the visualization of squareness. Gann believed trend changes occur when price and time are in balance. Each stock has its own 'balance', but the most powerful angle defining larger trends is the 1:1 or 45* angle where a one unit increase in price equals a one unit increase in time.

As I mentioned, if anything I'm certain, I'm certain I'm wrong. But given the 'coincidences' I feel I'm pretty close to having identified the next box. How price plays out within the general limits of square B, that's another story. I'm hoping some of the Gann gurus at one particular site I visit will help me along the way.

Hope this helps,

Jim