The 4.5 Hearse Cycle Low
#1
Posted 08 July 2007 - 04:35 AM
1997:
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Here is the Hearse cycle low. ...and you thought I spelled in wrong.
#2
Posted 08 July 2007 - 10:08 AM
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#3
Posted 08 July 2007 - 11:34 AM
#4
Posted 08 July 2007 - 11:41 AM
That number is not even visible on the '97 chart with a high of near 69 and the low of near 56.
I remember when 7% was the big interest rate number that would sink the market.
I remember how excited I was to refinance at 7 1/2%.
Awww. The good ole days.
Terry Laundry has his "line in the sand" at the 55day ema.
"we need to see the current basing at the 55 day exponential Moving Average hold corrections and that the rising oscillator bottoms pattern continues to set the stage for the projected advance. My Envelope Theory provides the Bull vs Bear alternatives.
In a Bull environment the basing will set the stage for a new advance that will carry to the upper envelope (Red) before the S&P becomes overbought.
In a Bear environment the basing will fail and a new decline phase will carry the S&P to the lower envelope (Green) before the S&P becomes oversold.
The outcome will be apparent quite soon."
Edited by Rogerdodger, 08 July 2007 - 12:01 PM.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#5
Posted 08 July 2007 - 04:14 PM
It's the TNX that has me interested in this comparison. Airedale..if you are reading..or anyone else....that low in 97 wasn't a 4.5 year low by any chance was it?
late sept/early oct 98 was a 4.5 yr low for SPX tea, not 97.
Edited by airedale88, 08 July 2007 - 04:16 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
#6
Posted 08 July 2007 - 06:20 PM
It's the TNX that has me interested in this comparison. Airedale..if you are reading..or anyone else....that low in 97 wasn't a 4.5 year low by any chance was it?
late sept/early oct 98 was a 4.5 yr low for SPX tea, not 97.
thanks Airedale...I didn't think it was but was curious...