cycles
#1
Posted 27 June 2007 - 09:08 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
#2
Posted 27 June 2007 - 09:13 AM
Hi airedale88, thanks for the cycles update and projections.we have approx 4 1/2 weeks to go to reach the late july nominal 4.5 yr nest of cycle lows. as mentioned a few months back, there was a good possibilty the very strong cyclic trend larger than 4.5 yrs could keep the movement into that cycle low somewhat benign and so far that's been the case. there does remain risk that the correction could deepen. SPX cash still has a nominal 10 wk price projection to the 1470 +/- 7 pts area that if achieved could trigger a lower price projection to the low 1400's. the INDU envelope/NYSE breadth system remains on it's strongest sell signal, and Dunnigan's one way formula remains on it's recent sell/short. i remain short sep es's at an avg price of 1533.60.
Cheers,
Bob-C
#3
Posted 27 June 2007 - 09:14 AM
#4
Posted 27 June 2007 - 09:47 AM
#5
Posted 27 June 2007 - 09:50 AM
#6
Posted 27 June 2007 - 10:07 AM
#7
Posted 27 June 2007 - 11:12 AM
#8
Posted 27 June 2007 - 11:17 AM
Would you cover here (or take partial profits), if you'd thought that 50% of the losses from the top could be retraced over the next few sessions or you would rather add to your position and keep your core short position?
I think all of my argument comes from the trading timeframes, although I see down for the IT, I would rather trade anything over a few percent moves in either direction. I actually see more downside all summer, but it might not amount to much until early August, I think it will accelerate into Oct...
Thanks for sharing your work again...
- kisa
Edited by kisacik, 27 June 2007 - 11:25 AM.
#9
Posted 27 June 2007 - 01:12 PM
curious to see how you have your 18month phasings? reason I ask is because of the chart below....all the vertical bars are 18month lows.....today marks the next date in the sequence. tia, mn
#10
Posted 27 June 2007 - 04:14 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