The shortest shallowest 4.5 yr cycle low in history
#1
Posted 24 August 2007 - 03:07 PM
#2
Posted 24 August 2007 - 03:13 PM
Yep...Newton's 3rd Law of motion.check the advance..hardly any pullbacks
As far as cycles are concerned, it's probably better to look for a price low (or nesting) in the projected time frame than to make historical comparisons on what should take place as every sequence of events is as unique as a snowflake.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
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#3
Posted 24 August 2007 - 03:15 PM
#4
Posted 24 August 2007 - 03:20 PM
Where's the volume?
does not matter..has it mattered in this advance? the advance has taken place without it..translate it does not need/require it
#5
Posted 24 August 2007 - 03:31 PM
Edited by Vector, 24 August 2007 - 03:32 PM.
#6
Posted 24 August 2007 - 03:39 PM
all drama no bite in selloff as in march just lots of drama and volatility..check the advance..hardly any pullbacks
my theory is very simple..the market creates conditions (like predicting 9 of the last 5 recessions..something like that) to extract concessions
it got that in '98 in '02 (work overtime but no rights on OT..can make folks work OT w/o giving OT..), tax cuts made permanent etc etc..now it gets rate cuts by pretending it to be bigger than what it is while giving a measly 10% after a lot of fanfare and reluctance (reluctance measured as in bounce forays into previous day candles..check the advance..where are the forays into prior day candles and how much and how many?)
n83, do you often comment about methods of analysis (in this case Hurst's cycle analysis) that you know jack about? from reading some of your posts on different message boards you seem obsessed with my use and labeling of a 4.5 yr cycle. take it easy, you don't have to believe in it or use it.
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
#7
Posted 24 August 2007 - 03:48 PM
Edited by Vector, 24 August 2007 - 03:49 PM.
#8
Posted 24 August 2007 - 03:51 PM
Edited by n83, 24 August 2007 - 03:52 PM.
#9
Posted 24 August 2007 - 04:34 PM
#10
Posted 24 August 2007 - 04:40 PM