Why is it likely July 2013 will be the time to think again about buy and hold?
Because our market has a definite 62 month turn from tops to bottoms and back.
July 1982 was a major bear market low.
62 months later in Sep 1987 we had a major high.
62 months later was a major bear market low in Nov 1992. OK the low after the 1987 crash was Nov 1987 but we went nowhere until Nov 1992 as we worked a 4th wave pattern.
62 months later was Jan 1998 and although that wasn't a top we churned for about 2 years.
62 months later was March 2003 which was the bear market low.
62 months later was the May 2008 rally high.
Another 62 months will be July 2013.
Why July 4th 2013?
Not every move has been perfect to the day but 1884 cal days is worth considering.
The time from the Sep 1987 top to the Nov 1992 low was 1884 cal days.
2X1884 days from the Nov 1992 low was the exact day of the March 2013 low.
So July 4th 2013 may or not be exact, but if it isn't it won't be far away.
