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The problem I have with giving a date for a top in a 80 or 90 year cycle is
that even is the cycle is off by only 1/2 of 1 percent from the ideal top,
that means that the cycle can be up to 20 weeks early or late. This means the
July top could have been the top or the market may not top out until next
March. There's just too much leeway in such a long term cycle to be of much
use to a trader.
Howard Bernstein
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