cycles
#11
Posted 27 July 2007 - 12:31 PM
#12
Posted 27 July 2007 - 12:33 PM
#13
Posted 27 July 2007 - 12:34 PM
Edited by kisacik, 27 July 2007 - 12:34 PM.
#14
Posted 27 July 2007 - 12:35 PM
Stocks have been bottoming in summer lately instead of the traditional Sep - Oct period...
Yeah, tell me about it. I missed that run last year.
Remember this day, men, for it will be yours for all time.
#15
Posted 27 July 2007 - 12:50 PM
Shhhhh....Stocks have been bottoming in summer lately instead of the traditional Sep - Oct period...
Fib
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#16
Posted 27 July 2007 - 01:04 PM
#17
Posted 27 July 2007 - 01:34 PM
russ, pretty sure i just posted earlier today what i thought about this cycle bottom. hadik's wrong.
Yes you did go flat didn't you, sorry about that. I am having trouble with interactive brokers today, cannot trade, they just did an upgrade and the java system is not working properly.
Hadik was correct about the peak in mid july though.
"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
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#18
Posted 27 July 2007 - 01:47 PM
First, I really appreciate your work and sharing of it.
Second, I can look through a large number of WEEKLY stock charts and the price action looks very prominsing for higher prices, however, looking at mumerous DAILY charts, the price action is even more full of holes (gappy and crappy) than that of the 2000 Bull Market. So, long story short, weekly charts conceal the FRAGILE nature of the daily charts.
Third......your thoughts suggest that we have at least another large wave higher......how much higher and how much longer does your analysis suggest this Bull to run.
Lastly......this guy named Terry Laundry had been prescient on the market for quite some time, he thinks we go higher as well, however, his work also suggests that post - November of this year should mark the start of perhaps the worst bear market EVER. I look forward to his upcoming Mondays comments since by his theory (if I understand it correctly) this recent pullback will have violated his bull market rules and my guess is that he will start suggesting to sell rallies.
Just looking forward to general comments from you.
Thanks for sharing your prescient work as well.
http://ttheory.typep...rys_t_theory_o/
Edited by hamakua, 27 July 2007 - 01:49 PM.
#19
Posted 27 July 2007 - 04:44 PM
aie.....
First, I really appreciate your work and sharing of it.
Second, I can look through a large number of WEEKLY stock charts and the price action looks very prominsing for higher prices, however, looking at mumerous DAILY charts, the price action is even more full of holes (gappy and crappy) than that of the 2000 Bull Market. So, long story short, weekly charts conceal the FRAGILE nature of the daily charts.
Third......your thoughts suggest that we have at least another large wave higher......how much higher and how much longer does your analysis suggest this Bull to run.
Lastly......this guy named Terry Laundry had been prescient on the market for quite some time, he thinks we go higher as well, however, his work also suggests that post - November of this year should mark the start of perhaps the worst bear market EVER. I look forward to his upcoming Mondays comments since by his theory (if I understand it correctly) this recent pullback will have violated his bull market rules and my guess is that he will start suggesting to sell rallies.
Just looking forward to general comments from you.
Thanks for sharing your prescient work as well.
http://ttheory.typep...rys_t_theory_o/
1.hama (and others), thnx for the kind words.
2. it's been my experience that one should go in order of importance from monthly to weekly to daily to intraday charts. ugly dailys with strong weeklys suggest an upcoming buy opportunity
3. too soon to forecast how high and how long. i do expect it to be much more than token new highs and a multi yr move.
4. i've known of terry laundry for decades. i highly respect his work. i do disagree with his november forecast. i would not be surprised if he resets some T's after this current decline bottoms.
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
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