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[voltaire]

The ideal time for a top is June 24 based on Armstrong dynamic cycles. You can argue up to a week longer based on what is the best day in 2009 to take the low from and the subsequent turns in May 2011 and June 2012. It is even possible June 24 is a crash day! Why? October 19 1987 was THE crash day but it was also an Armstrong cycle top. How does that work? Well it works because there were many other cycles trying to make lows and only the Armstrong cycle was working up. So as it expired on Oct 19 1987, everything collapsed. I have a major cycle for Australian markets making a low about July 6ish. This cycle sometimes is exact and sometimes within a few weeks. The cycle seems evident in that the last couple of weeks is seeing much more weakness in AUS than USA. It does suggest that the 1987 sudden collapse is a possibility here once we pass or get to June 24. Caution then at least.