tuesday continues relief rally or not, page-68

Actually I take that back - the recent volatilty has potentially pushed out the bottom to the 3rd week in January. The 17.1 year cycle bottoms in Mid Dec but the 17.8 bottoms in January with far greater volatility.

Also just recalculated my correlation factors given the last weeks data

- 20 year cycle now has 20% better correlation than 17 yr cycle

- 17yr cycle is 10% stronger than 20 yr cycle.

So it looks more like 1970 but the 1974 cycle has had a greater effect on the market historically.

While I believe 1974 scenario is still more probable the 1970 scenario has increased in probabilty relative to the 1974 scenario since last month.

Clear as mud?