cycles
#1
Posted 22 May 2007 - 04:16 AM
stopped out of my short er's at break even. i had a couple of opportunities to take a 10 to 15 handle profit last week but i held on the possibility that op ex was overriding cyclic action ( on SPX etc) and there could have been a downside catch up today. wrong. RUT and others that showed the 10 wk low bottoming had the best move up on monday.
flat, plan to watch the for the next short term cycle low to see what extrapolated upside targets can be made. still remain very bullish long term, cautious for the next approx 10 wks until the mid/late july nest of cycle lows has bottomed.
RUT chart with 10 and 20 wk lows.....
INDU envelope and NYSE breadth.
still on buy signal, but NYSE breadth must regain strength from here or a sell signal will develop...
http://stockcharts.com/c-sc/sc?s=$INDU&p=D&yr=0&mn=6&dy=0&i=p14766363917&r=8152.png
http://stockcharts.com/c-sc/sc?s=$NYAD&p=D&yr=0&mn=6&dy=0&i=p50966274753&r=1457.png
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
#2
Posted 22 May 2007 - 04:26 AM
#3
Posted 22 May 2007 - 04:47 AM
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
#4
Posted 22 May 2007 - 05:30 AM
bearitch, recent sample cycle average lengths and the harmonics fit..
3/14 to 5/16 45 days (10 wk cycle)
3/14 to 4/12 21 days (5 wk cycle)
4/12 to 5/16 24 days (5 wk cycle)
3/14 to 3/29 11 days (2.5 wk cycle)
3/29 to 4/12 10 days (2.5 wk cycle)
4/12 to 5/01 13 days (2.5 wk cycle)
5/01 to 5/16 11 days (2.5 wk cycle)
Aire
Thanks
So I guess there are no instances where the 10 week bottoms after the 2.5 and 5 week lows and that they all must bottom on the same day more or less...in your words "a nest" of cycle lows.
#5
Posted 22 May 2007 - 07:26 AM
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
#6
Posted 22 May 2007 - 09:49 AM
#7
Posted 22 May 2007 - 10:07 AM
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
#8
Posted 22 May 2007 - 10:17 AM
#9
Posted 22 May 2007 - 10:54 AM
#10
Posted 22 May 2007 - 02:03 PM
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England