Super Cycle top chart update

5-05-08, market surprised me last week, did not do a normal weekly down bias week, stalled sideways until the open Thursday then accelerated to within 3 points of the .786 ratio target at 1426. We are now at a very serious morph point in the waves. This wave can continue to accelerate toward 2008 first resistance at 1522 or it can continue as a bear market rally by dropping to the .382 or .50 retrace levels of the advance from 1256 to 1423 then advance a second leg up toward the 2007 close area to fool the most. Notice how price quickly sold off back below the 1416 first support level closing at 1414? That is a decent clue we do not see an advance to 1522. Monday must not trade past 1418 and trade below 1398 to get it started toward the 1360 to 1340 retrace zones? SnP breadth more than -20 issues give a SELL for the ETF model Monday. Recall months ago I stated it is next to impossible to trade below the 377 day lower band under the current situation and a bounce to the ma is expected? Been there, done that. Recall also in the summer of 2007 I stated a super cycle top would occur with the 235th new moon at 1552 or 1620 and everybody thought I was crazy, going to 1800, watch the sky, sure glad Cows don't fly. Best, Larry

Recall months ago I stated it is next to impossible to trade below the 377 day lower band under the current situation and a bounce to the ma is expected? Been there, done that. Recall also in the summer of 2007 I stated a super cycle top would occur with the 235th new moon at 1552 or 1620 and everybody thought I was crazy, going to 1800, watch the sky, sure glad Cows don't fly.

Best,
Larry

So tomorrow's another new moon......any potential significance in your work?

So tomorrow's another new moon......any potential significance in your work? [/quote] As I stated in the post, the wave is at a serious morph point and at these morph points there is no way to know which way it goes until it happens then you know what to expect. Monday trades past 1418 its morphing into a more bullish wave toward 1522, drops below 1398 its going to 1360-1340 which is another morph point. From there it either drops below 1256 or goes to 1470 and it is impossible to know which one is going to happen until it happens. I favor it drops to 1360 then to 1470s. Larry

spx........one may watch es for direction

http://www.allpivotp...symbol-SPX.html

Cows may not fly but, it sure looks like bulls might.

Thank for taking the time to post the update Larry. You mentioned above fooling the most. It seems that there is now a lot of talk about worst 6 months at hand starting in and about May. Could fit well with what you said in fooling the most. Get them to think may is bad, take it down to mid 1300's then have a scorching rally. Profit Well !

Next week is a surge with a number of small cycles and if the the 20.5 and 47.5 days are a little right translated. Target is ~2080 NDX then to 2142.82 NDX later in the month. [/quote]

5-05-08, market surprised me last week, did not do a normal weekly down bias week, stalled sideways until the open Thursday then accelerated to within 3 points of the .786 ratio target at 1426. We are now at a very serious morph point in the waves. This wave can continue to accelerate toward 2008 first resistance at 1522 or it can continue as a bear market rally by dropping to the .382 or .50 retrace levels of the advance from 1256 to 1423 then advance a second leg up toward the 2007 close area to fool the most. Notice how price quickly sold off back below the 1416 first support level closing at 1414? That is a decent clue we do not see an advance to 1522. Monday must not trade past 1418 and trade below 1398 to get it started toward the 1360 to 1340 retrace zones? SnP breadth more than -20 issues give a SELL for the ETF model Monday.

Recall months ago I stated it is next to impossible to trade below the 377 day lower band under the current situation and a bounce to the ma is expected? Been there, done that. Recall also in the summer of 2007 I stated a super cycle top would occur with the 235th new moon at 1552 or 1620 and everybody thought I was crazy, going to 1800, watch the sky, sure glad Cows don't fly.

Best,
Larry

Larry, please why the 235 th new moon? And does the title , super cycle top mean we are going much lower?
This may be too much but, target low and how how long in time to get there? [super cycle]...Thanks big nick.
Shreveport, la.

Larry, please why the 235 th new moon? And does the title , super cycle top mean we are going much lower? This may be too much but, target low and how how long in time to get there? [super cycle]...Thanks big nick. Shreveport, la. Nick, I will address this in a fresh post later this evening

Larry, from the March low, your a and b, but why not a 1-2-3-4-5 ending diaganol c into Friday's close?