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On May 27, 2003, General Electric shares closed at $27.42.
The simple method revealed in this extraordinary book
projected on that day that a high of $31.66 would be
achieved on June 17th. 3 weeks later, on June 17th, as
projected, GE reached an intraday high of $31.66. This
high marked an important intermediate turning point which
was not exceeded for months. This method may be applied to
ANY active market, whether stocks, futures, or indices, in
ANY time frame. Imagine the value of having the knowledge
of how to make similar projections of price and time
targets in the markets you trade!
J R Stevenson, eighty years young, has decades of
experience (since 1958) as a technical analyst and as an
active trader in the futures and stock markets. In
college, he majored in Electrical Engineering, studying
under Professor Raymond H Wheeler, one of the earliest
proponents of cycle analysis. Some thirty years later, he
studied extensively and thoroughly the work of J M Hurst.
He later developed his own original, simple, accurate, and
easy to use trading method, which he has used in his
market analysis and trading since 1974.
JR was the Senior Technical Analyst at the
Conti-Commodity Technical Research Center, and later was
VP and manager of the Bache-Prudential Commodity Technical
Research Department in New York (he was the predecessaor
of Jack Schwager in this position). The trading method
which he reveals in this revolutionary new book was the
basis for a market letter he wrote for some 20 years that
projected, with uncanny accuracy, price and time targets
for a wide variety of futures markets, and for daily
trading recommendations he issued to Prudential offices
worldwide.
JR was "legendary" among the brokers at ContiCommodity
and at Prudential for his consistently accurate price and
time projections. He has decided, at the urging of his
family, to reveal his knowledge of this technique, which
is amazingly simple and easy to use in any time frame and
in any liquid market. JR currently day trades the S&P
E-mini contracts actively using this technique. Other than
to a few members of a chat room where JR has heretofore
been known as "Baldy", it has never before been revealed
to anyone, over all the years he used it.
Publisher's note: The material in this book should be
construed strictly as a trading "tool" and not as a
standalone method. Combined with your existing
methodology, it can add a valuable new dimension to your
trading acumen and expertise.
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