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See my message #2206. Looks like Gary Spivey, the pyschic got Feb
right <g>. Now we wait for August...
JW
--- In realtraders@xxxx, "Stan Book" <sbook@xxxx> wrote:
>
> On a daily basis, we appear to be working toward a six month low.
While
> these cycles do exhibit variation, it may be a bit early for the
completion
> of this cycle. A year from the privies semiannual low would take us
to mid
> March. Six months from the last annual cycle would take us into
April.
>
> If the apparent 18 month cycle holds up, the next low is due around
early
> August. In a well behaved market, this low would take us back to the
> horizontal support line shown.
>
> Then, of course, we can look forward to the annual October massacre.
>
> The big question is weather, or when, the DJIA will join its weak
sisters.
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