Stock Market Highlights

For each numbered Highlight, click on the underlined COMMENT number(s) to view the original commentary.

The numbers in the chart above of daily S&P 500 spot futures prices refer to the HIGHLIGHT numbers which follow.

1. January, 1998 stock market high is identified to the very day through the use of Astro Points listed in "The 1998 $upertrader's Almanac - 1st Half Edition" and momentum divergences explained in "The $upertrader's Reference Manual".

(see COMMENT # 1)

2. Stock market low for the first half of 1998 is projected within 0.5 intraday point.

(see COMMENT #s 1, 16)

3. The "ALMANAC V" trading system presented in "The 1998 $upertrader's Almanac - 1st Half Edition" is used to exit short S&P 500 stock market positions producing over $50,000 profit - 1998 rally begins.

(see COMMENT # 19)

4. Short positions instituted in Japanese Nikkei stock index ("NK") are suggested at the high for the first half of 1998 prior to sharp decline.

(see COMMENT # 83)

5. All-time S&P 500 high through the first 5 months of 1998 is sold short the very day of the high.

(see COMMENT #s 270, 271, 277, 281)

6. April 22nd, 1998 stock market high identified to the very day through intraday "ascending triangle" chart pattern and "Astro Points" listed in "The 1998 $upertrader's Almanac - 1st Half Edition".   Marks all-time high in Russell 2000 and Dow Jones Transportation Averages.

(see COMMENT #s 331, 336)

7. The "ALMANAC V" trading system presented in "The 1998 $upertrader's Almanac - 1st Half Edition" sells short exact all-time Dow Jones Industrial Average May 4, 1998 high which is not exceeded through the first half of 1998.

(see COMMENT #s 356, 357)

8. January 12, 1998 to May 4, 1998 rally in Dow Jones Industrial Average labelled as completed and PROPORTIONATE segment.

(see COMMENT # 414)

9. Dow Jones Industrial Average unfolds in unusual three month manner.

(see COMMENT #s 419, 431, 436, 437)

10. End of 3 month sideways stock market trading pattern anticipated to the very day - followed by rally to new highs.

(see COMMENT # 438 [#18])

11. All-time July, 1998 stock market closing high projected to the very day by the "Linear Cycle Indexes" and "Inversion Cycle Indexes" listed in  "The 1998-99 $upertrader's Book of Linear Time Cycles" and by the "Astro Points" presented in "The 1998 $upertrader's Almanac - 2nd Half Edition".

(see COMMENT #s 478 [# 11], 505, 521, 531, 563)

The numbers in the chart above of hourly Dow Jones Industrial Average cash prices refer to the HIGHLIGHT numbers which follow.

12. Short term end to current leg down identified.

(see COMMENT # 568)


13. Short positions reestablished based on retracement concepts explained in "The $upertrader's Reference Manual".

(see COMMENT # 571)


14. End of initial surge down projected by using Elliott Wave concepts presented in "The $upertrader's Reference Manual".

(see COMMENT #s 578, 579)


15. Elliott Wave concepts presented in "The $upertrader's Reference Manual" used to anticipate resumption of surge down.

(see COMMENT #s 590)


16. "Astro Points" listed in "The 1998 $upertrader's Almanac - 2nd Half Edition" and "Inversion Cycle Indexes" projected in "The 1998-99 $upertrader's Book of Linear Time Cycle" combine to halt market's decline.

(see COMMENT # 633)


17. Structure of the market suggests downmove.

(see COMMENT # 649)


18. Sharp up move anticipated.

(see COMMENT # 660)


19. "Astro Points" listed in "The 1998 $upertrader's Almanac - 2nd Half Edition" and retracement concept presented in "The $upertrader's Reference Manual" combine to produce sell recommendation the very day of the stock market's largest advance ever (to date).

(see COMMENT #s 665, 667)


20. Market rallies on President's "contrition" speech.

(see COMMENT # 671)


21. Market peak occurs at confluence of concepts taught in "The $upertrader's Reference Manual" and at "Cyclic Trend", "Linear Time Cycle", and "Inversion Cycle" ALIGNMENTS projected in "The 1998-99 $upertrader's Book of Linear Time Cycles".

(see COMMENT #s 681, 692, 701, 703)


22. Importance of "Astro Points" to important stock market turning points once again demonstrated.

(see COMMENT # 715)


23. Trading technique presented in "The $upertrader's Reference Manual" successfully enters short positions in the stock market.

(see COMMENT #s 720, 721, 724)


24. "Astro Point" listed in "The 1998 $upertrader's Almanac - 2nd Half Edition" marks stock market low.

(see COMMENT #s 726, 731)


25. Market peak projected through use of trading strategies presented in "The $upertrader's Reference Manual".

(see COMMENT #s 733, 735)


26. Principle of DIVERGENCE reviewed in Russell 2000 in discussion of October 8, 1998 stock market bottom which ALIGNED with "Inversion Index" and "Linear Cycle Index" projections listed in "The 1998-99 $upertrader's Book of Linear Time Cycles".

(see COMMENT # 749)


27. Stunning importance of "Inversion Index" and "Linear Cycle Index" projections to major stock market turns is graphically presented.

(see COMMENT # 748, 750)

View highlights from the following markets.

BOND MARKET

CURRENCY MARKET

FUTURES MARKET

METALS MARKET

Go to the Current Comments.

Learn more about the books used to produce the trades listed in the HIGHLIGHTS and COMMENTARY.

THE $UPERTRADER'S ALMANAC

THE $UPERTRADER'S BOOK of LINEAR TIME CYCLES

THE $UPERTRADER'S REFERENCE MANUAL