75% of their time consolidating,........this chart proves it right,....they spend most of their time just GOING UP.
The Top of 2000 to the DIP in 2003 was just a wink. This has got to look Very Bullish to the Bears.
And how would the time cycle guys adjust for this..
I do respect a dip pattern I watch on many time frames,...on this chart it would forecast about S&P = 2800 - 2900. WOW
But since this is diverging we should pause along the way ...lol
Edited by Mr Dev, 18 May 2007 - 12:01 PM.