16 replies to this topic

[Russ]

True enough. The 45 day cycle will be 45 days along late next week. I am working off the premiss that it bottoms on time. It can certainly extend.

You probably noticed that Airedale said a few days ago that a preliminary estimate was for the next major cycle low to come in late June or Early July, he has not confirmed that yet but it agrees with my June 15 date, which also happens to be options expiration. I am quite certain about that date, I have it on multiple indexes.

[The End]

If we manage to sell down to 1461 on the spx, I'm out of the position. If it occurs on the 15th or a day or two earlier or later doesn't matter to me. Tell Doc I said hi.

[Russ]

That's June 15 not May 15. Who is Doc?

If we manage to sell down to 1461 on the spx, I'm out of the position. If it occurs on the 15th or a day or two earlier or later doesn't matter to me.

Tell Doc I said hi.

[The End]

I thought you were Russ Winter from Capitalstool.com. My bad. As far as Air's 10 week time frame, You might want to check with him on that. The 45 day low is due NEXT WEEK not next month.

[Russ]

Sorry wrong Russ here. Aire was looking for a bigger cycle to bottom in june/july which he has mentioned more than once, he also mentioned a smaller cycle low next week.

I thought you were Russ Winter from Capitalstool.com. My bad.

As far as Air's 10 week time frame, You might want to check with him on that. The 45 day low is due NEXT WEEK not next month.

[airedale88]

russ, 10 wk cycle low due next week, nominal 4.5 yr nest of cycle lows mid/late july.

[Russ]

I saw you mention late june or early july a few days ago to someone but you said it was not confirmed.

russ, 10 wk cycle low due next week, nominal 4.5 yr nest of cycle lows mid/late july.