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VIDEORIMM Out of Motion?
Company may have nowhere to go but down.
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From the top of the first page
To the end of the last day
From the start in your own way
You just want somebody listening to what you say
It doesn’t matter who you are.
Under the surface trying to break through
Deciphering the codes in you
I need a compass, draw me a map
I’m on the top I can’t get back.
-Square One (Cold Play)
I get a lot of questions about how time and price square out. There are many ways a square out can occur, but let’s take a look a one example in real time.
On December 3, Research in Motion (RIMM) made a low at 35. Note how 35 is opposite the date of December 3rd on the Square of 9 Chart.
The square of 9 Chart is so called because the first full square ends with the number 9. All the corner numbers are squares (such as 49 or 81) or half squares (such as 7.5 squared or 9.5 squared).
These corner numbers in and of themselves may be natural turning points and are worth watching as are the numbers on what are called the cardinal cross points which are due north and south and due east and west. When a stock (or index) hits a particular price that ‘vibrates’ off a date (either 90 or 180 degrees or precise to that date) then it is said a possible square out may occur. This is particularly true if a larger cycle is playing out as well.
Looking at the square of 9 on it RIMM shows that 62/63 is 360 degrees in price above 35.
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RIMM made a double bottom at 35 on March 9. Often times, I find that the date of a low can call the price of the high (and vice versa). Note how the price of 70 is conjunct or vibrates directly off the date of March 9.
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This implies that if RIMM may run to 70 without a meaningful pullback and tag its overhead 200 dma and that is a level to watch and may represent a 90 degree throw over (a throw over from a perfected 360 cycle).
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