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Monday, May 23rd 2:08 pm Update
A subscriber asked me to look at TZOO for a possible breakout
TZOO is UP 10.60 % today ......... Now it is $34.11 Its Fractal Unfolds ! WOW
9:33 am
Nature as we see it, is not a smooth world filled with objects such as boxes, spheres and circles. These objects do not appear anywhere in nature ---- they are all man made and NOT nature made. The world in which we live in is not smooth edged such as a line. The geometry of Euclid describes ideal shapes .... What has been missing is a method to describe the shapes and objects of the real world ...... there are only non-uniform and rough shapes in the universe. Fractal Geometry is the geometry that is used to define the irregular shapes in nature. For example a tree is not smooth --- rather very irregular. It is not a box, sphere, cube or a line ..... it is very rough. The stock is also very rough and not smooth ........ it has no box, sphere, cube or line characteristics. -------- The Lines are Man Made ------ This is where traditional technical analysis fails for the investor Instead of using traditional geometry e.g., plotting circles, lines, boxes etc, one must look into fractal geometry for the hidden order of the markets. The order can be found in the fractals. As demonstrated through this web site .......... clearly defined fractals offer a more sane approach toward investing. You can actually --- visually see the fractals unfold ------ on any time frame. Since fractals are infinite in detail and length ...... traditional linear analysis is not suited for plotting and forecasting the next top or bottom for any financial market ......... Example --- The Elliott Wave Principle ....... although any system will be successful 50% of the time ...... Look at a typical chart of a stock ..... it is ragged and not smooth ....hence one can not define for example the rate of change for any parameter ,,,,,,, it is not possible ..... Numbers are no help either ...... one starts with a real number ...then go to integers .... then to rationals and then complex numbers ...............
Stock Fractal Models for the Week of May 16th
Friday, May 20th 1:45 pm I'll be posting charts this evening .......
Thursday May 19th
VLO Update fails at F6 ------ will test 58 --- for a a lower F7
1:00 pm Update
FDG Update: I'll post another chart on FDG shortly Appears to be a retracement and then back up again .... could this kill the markets this summer with higher oil and gas prices ? It may fit the scenario for a top for the DOW The $75.00 level was reached with accuracy .......
THE NEXT PATH
Wednesday, May 18th 12:41 pm I'm reconfiguring my servers today, so the charts will be postponed until tonight I'll also be posting a special updated fractal analysis on the markets tonight. It appears that the landscape is changing ... Hank
Tuesday, May 17th
Taser is done for its run ... TZOO may be heading down again ... GOOGLE is still holding from its high
1:46 pm Update
VLO bounced today Exactly at F5 ! view the chart from yesterday
11:23 am
Monday, May 16th I'm experiencing technical difficulties uploading this morning .... charts may be limited today until this is resolved ......
EGHT went a bit above the short term target of 1.60+ area today and if the
fractal holds it should slide back down to the 1.45 area before it makes
it's major move up.
GOOG is following the fractals -should be another day
or two at the most before it heads down.
FDG Update down 5.23 % again today .... reached $75.00 target !
Next week's big earnings
Lowe's (Research) is expected to report fiscal first-quarter earnings of 76 cents per share Monday, according to a consensus of analysts surveyed by First Call. The home improvement retailer earned 57 cents a year earlier.
Lowe's rival Home Depot (Research) is seem posting income of 55 cents per share Tuesday, three cents more than a year earlier.
J.C. Penney (Research) also reports Tuesday, and is expected to have earned 61 cents per share, up from 38 cents a year earlier;
fellow retailer Staples (Research) is forecast to have income of 20 cents per share, three cents more than a year earlier.
Applied Materials (Research) reports fiscal second-quarter results after the close Tuesday and is expected to have put up profit of 17 cents per share, five cents less than the prior-year period.
Hewlett-Packard (Research) report its second-quarter results Tuesday evening and is expected to have earned 36 cents per share, two cents more than in the year-earlier period.
Gap (Research) reports Thursday evening. Its profit is seen tumbling to 30 cents a share, four cents less than the prior-year period.
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