13 replies to this topic

[n83]

It may look shallow if you are not looking at the full picture. The fact is we got the most extreme readings of market internals in 5 years, the last time we did experience theses extreme levels was in July 2002.

A true 4.5 year cycle low indeed.

there is no indicator like price..it is what one trades not indicators

you missed my pt..i said each year has a low..lowest pt for that year

just that the 4.5 yr ones are less imp than the 4 yr ones

the subsequent action is what makes those lows (and marks them of coure) more important than the rest..2007-8 will not measure up to 2006-7 imo

take a look at the 4.5 year cycle in 94....

that was a 4 yr low-g

1974 1978 1982 1986 (1987) 1990 1994 1998 2002 2006..keep it simple

[airedale88]

1974,1978,1982,1986,1990,1994,1998,2003,2007. it is real simple. the Hurst nominal 4.5 yr cycle runs 48 to 54 months and is composed of three nominal 18 month cycles. if the three 18 month cycles run short, the 4.5 yr will too, accounting for the 48 month +range. nominal = in name only we just saw the third nominal 80 wk cycle low, thus the nominal 4.5 yr low. like i asked, why comment on things you nothing about?

[n83]

"like i asked, why comment on things you nothing about?".. why ask?-g i did not insult you to the contrary i extended kudos toyou anyway..KISS the every 4 yr low is more significant (for the U.S, that is) than any other year in that sequence hence the oct 02 low is more significant than the mar 03 low (and is lower) the jul 06 lows are lower and will be more significant than the aug 07 lows.. the naz had a 30% run from '06 lows to '07 highs history will show that will not repeat off the '07 lows anyway gnight

[JAP]

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

The last advance took place because of all the cheap money and LBO announcements... no more cheap money, no more LBOs, no more advance.

This recent run-up has been caused by a bounce off the panic low of 1370 and Fed liquidity injections... volume has been decreasing ever since. 1490 is resistance. After that, the 50 DMA (1495) will be the next test.

Re-test of 1370 is coming. Will it double bottom and shoot up again?... we'll see.