How I think the market will trade from now till year end

Go back to the 2001 chart and you will see what is most likely to happen at the end of this year. Life cycles go in 7 year periods. 2001 is 7 years prior to this year. QQQQ bottomed aroud $28 in October 2001. Then went to $41 at the end of the year. I think a similar thing happens this year. We shall see how it plays out.

isaac: yes, the seven year cycles when in another, larger, cycle envelope are worth paying attention to. there was the 1930-1937 and 1966-1973 top-to-top. did we have another: 2000-2007? some think we did; i am not so sure we won't make another new ATH. Time will tell, or YOU will when you get your next message from the burning bush.

Edited by humble1, 30 October 2008 - 10:06 AM.

Isaac, thanks for pointing out this 7 year cycle. actually 2001 and 2008 look sort of similar. if the pattern continues we would rally nearly none stop thru year end.