friday is mine treggs, page-10

Scooter5

At the risk of sounding like a broken record, at least 6 months up is interesting.

BHP has turned about the 3rd week of the month since July last year with 1 month down 2 up 3 down 4 up 5 down?

5 down would be 3rd week Oct and IF it then turned up for 6 then we get 3rd week April 2009. We have to see the bottom first and the sequence can't continue for ever.

Armstrong's official right shoulder is 3rd week April 2009.

That equates to Sep 2000 and we know what happenned from there for SPX.

Armstrong's model had a head in late Feb 2007 and we got the Shanghai slump. His right neckline was Easter this year and was an important low.

I believe his model is still working and although it alone suggests an up phase from Easter 2008 till April 2009, other cycles in the market which interact are overwhelming it for the moment.