What’s the time frame for which you’re calling a new bull market? All time highs forthcoming or is the coming bull a secondary trend? If a secondary trend or primary trend, have you given any thought to Dow Theory and the recent confirmation of the primary bear market?
I’d been looking for the elusive ‘c’ that we got 10/10 – 10/14 and I see a higher high above 10/14, but I don’t see anything that resembles a new bull market. Yet.
Thoughts appreciated as always (if you get time), Jim
From: TimeandCycles@yahoogroups.com [mailto:TimeandCycles@xxxxxxxxxxxxcom] On Behalf Of Roy A. Fellars
Sent: Tuesday, October 21, 2008 10:43 AM
To: TimeandCycles@yahoogroups.com
Subject: RE: [TimeandCycles] spx update
Thanks Ian... I am thinking that might be a wave 2 low area. I am also thinking the SC idea around the 3rd is not going to be a factor.
--Original Message Text---
From: RajaCar
Date: Tue, 21 Oct 2008 07:34:10 -0700 (PDT)
http://groups.yahoo.com/group/TimeandCycles/files/Ian%27s%20Folder/monthly%20SPX.gif
Roy,
the last chance I give the Bears is 10/27 Low, if we make a Higher Low at that time, then I am on your side that 10/10/08 was a Major low. 10/10 had all the requirements for a Major Low, with the Vix spiking, 1X1 Support, the 50% retrace
