6 replies to this topic

[selecto]

[spielchekr]

Interesting how both suggest the same outcome.

[rkd80]

wow - that is amazing correllation! what can you conclude from the 2nd chart? i am seeing a mirror image and the 1931 market began turning at end of june, so if patterns hold - we continue our downtrend. the 1st chart is uncanny - what is particularly striking is that after the July low it actually went on to make new highs in the fall!

[eminimee]

Selecto, thanks for that..not only interesting....but I had never realized I was being conceived at the 1950 summer high!! Dad must have cashed out!! lol

[arbman]

The market seems to be following the seasonal cycle pretty closely as well...



It is kind of unlikely that it will violate this grossly two years in a row...

Some of the shorter term cycles are also bottoming now, I guess a sell off after the 4th of July is critical whether there will be another rally attempt to the new highs in early July...

- kisa

[thespookyone]

"the 1st chart is uncanny - what is particularly striking is that after the July low it actually went on to make new highs in the fall!" Due to the patterns we are in, after a serious correction, I fully expect the old highs to get totally blown out.

[Rogerdodger]

Mike, If your 1950 chart holds up, IKE will be the next president. I might like the dead ones better.