looking bearish, page-80

thanks JMW, a happy and prosperous new year to you and everyone ESPECIALLY the new guru Treggs and our esteemed Lord Volt...and whilst I'm sucking up...

Lord Volt

I've just gone through Laundry's long term cycle stuff and found it extremely interesting. So shooting some thoughts up the flag pole to see who salutes....And noting that Laundry actually has the guts to say (in the ref you posted)...

"During 2008 I will produce a long series of such T forecasts starting back from 1929 in order to summarize the bear market history from a long historical perspective. In general once an A-D T has been confirmed, the market usually begins the new bear market, but sometimes the market hangs up in a trading range before the major down trend begins. Subsequent declines average over 35% on any of the general market averages and takes some 2 or 3 years to be completed. We will check this out next year".

Which leads me to thinking...
35% WOW (as translated)
Laundry shows us his raw data - but probably not everything (not unexpectedly)
What about the XJO?
Do you have XJO data back to when?
Could you get the monthly % change in equity prices from then to now (as a start) and maybe we could all have a look/play around with exponential moving averages (Laundry used logs) and AD lines and see what we can see...not expecting to be able to get close to Laundry but we might see something interesting perhaps...

One of the things prickling at the back of my mind is how closely we are coupled to the American market - and we've all read a lot about that from completely uncoupled to tight as...

Maybe if we came up with something the Guru was happy with we could compare (ballpark) our XJO graph(s) with Laundry's data as it becomes available? and see what we can see...do what we can do...coupled/uncoupled??? delay???

Do you think it worth the effort?

If so. I will of course approach Guru Treggs on bended knee.

We could call any output/graphs the Treggs/Volt/Lesser Beings Laundry List... oh I think I'm getting well and truely ahead of myself here...


cheers
Lekki