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[JimRobson]

On the upper chart, todays rise caused the red line to break through another trendline, thereby causing double support to hold the red line above.

As hoped for yesterday, on the lower small chart, the blue line broke below the lower trend line, thereby creating "resistance" which will cause it to be more difficult for the blue line to rise above the trendline.

Raw Data Bush 49.5 Kerry 45.5



http://www.rasmussenreports.com/Presidential_Tracking_Poll.htm

The next chart is based on a very esoteric psudo-science called Elliot Wave Theory. I wouldn't have done it, but the chart so far conforms so perfectly to the theory that I couldn't resist. Basically it is a theory which has some predictive value in forecasting stock prices on charts. It works with other natural phenomenon as well. The Idea is 5 waves up (1,2,3,4,5) followed by 3 waves down (A,B,C). Since we have completed a cycle (1 & 2) we are now set to begin another advance of 5 waves (3). Since election day will most likely occur before the next set of waves is complete, the main thing to remember is, that if Uncle Jim is reading the charts correctly, the primary trend will be up and not down. (Thats a big if, but what the heck, it's fun to speculate)

Below the chart is a link to a brief tutorial on the Elliot Wave Theory.



http://www.investopedia.com/articles/technical/111401.asp
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ETN2 PTF2 (Littlecreek Underwater Demolition Unit 2 1963)

http://www.thewebplace.com/

[BB Stacker]

Jim Robson you are obviously a sicko stock trader. But the fact that I understand everything you said says something about me too. I think you've got something here. Good work on the arcane science of charting.

[Aristotle The Hun]

Now that is impressive!

Do you also use John Nash's work?

Sam
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Deportè Monsieur Kerrè

[PC]

Jim -- Robert Prechter would be proud of you.

Elliot Wave Theory is the most insightful analysis of markets... in hindsight.

But in more simple terms. "the trend is up and the trend is our friend".

Go Dubya. I'm a buyer. I'm buying Dub and shorting Blow Dry!!!!