XJO 0.88% 7,959.3 s&p/asx 200

terrific tuesday, page-33

  1. 17,444 Posts.
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    Averaging "9" years is a good concept but in reality I would take 1989 as more important than the average.

    The reason is that there is a US 4 year presidential cycle and a 10 year decennial cycle.

    The common denominator is 20 years,(5X4=20 and 2X10=20) or every 20 years those 2 cycles combined look the same.

    So if you want to get the best idea look at 1989 and then figure in Armstrong which has probably topped and our 62/124 month cycle which has topped and the 40 year cycle which is topping etc., and hopefully you can get an August/Sep top and even a faint chance of November.

    It is all dangerous from here on IMO with the single exception that a monthly slow stoch which gives a twice a decade buy and hold has done just that. Buying around the lows is unlikely to be a long term bad decision but a second chance at the next twice a decade buy or roughly 2014 (isn't just every 5 years) will probably be easier.
 
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