3 replies to this topic

[Rogerdodger]

The 1st quarter moon is Oct. 19th.
It has sometimes coincided with a market top.

Oct 31 is the FED DECISION.

And I believe airedale has a late October cycle low.

Don't forget this chart from last year:

Edited by Rogerdodger, 14 October 2007 - 11:02 AM.

[relax]

i don't think airedale has a cycle low at the end of october but of course he can answer it best

[Russ]

http://www.traders-t...?...c=76874&hl=

Airedale88 said on Oct 1:
"SPX meeting 10 wk price projections posted a few weeks back has now generated nominal 20 wk upside price projections, due before the late december 20 wk low. there is a nominal 10 wk cycle low due mid oct, no indications on it but currently i expect it to be benign."

He was looking for SPX to go up to between 1645-1680 before a 20 wk. cycle low in late Dec.

[Rogerdodger]

Sorry if I misspoke on Airedale:

Airedale88 Oct 11th
i had posted some days ago that i felt the nominal 10 wk nest of cycle lows would be benign and my Hurst work plus other work i do suggested no decline of any import would occur in the near future.

we are in the time window for the 10 wk cycle low to bottom and what evidence there is suggests that bottom occurred wed. the breakout today of the small coil/consolidation that shows on the RUT chart and some other indexes is the only indication of any cyclic downside, and that downside was muted by the very strong cyclic uptrend larger than the 10 wk cycle.

we remain very early in the new 4.5 yr cycle up trend with much higher prices coming.

I'm not gonna argue with the big Dogs.