more pain to come, page-41

I find it interesting that monthly Stochs on XJO are the same as Nov 1987.

Nov 1987 was the low price but it took 3 more months to head up.

So it may take a May low, albeit a higher low to really advance.

Amstrong says a March low unless inversion.

Decennial cycle says a Feb low.

Presidential cycle says a May low.

Only a sharp rally into March/May would suggest any thing other than a low coming up.

And May is also 62 months from Mar '03 which also has importance.

I regard all economic talk as bullshit and refuse to consider it in any trading plan.