friday trading, page-59

Looking at possibilities for turn dates by the Big Mac's--

Robert McHugh and Bill McLaren.

McHugh: September 1, Sept 9, 15, then Nov 4, 2009.
McHugh's dates are based on highs and lows since what he calls the inflation-adjusted US market top in January 2000.

The further we get from that datum point, the more allowance for turn dates falling within a few days plus or minus of the designated.

McLaren September 5, then Oct 15 to Dec 4 2009. His are based on minimum 180 calendar days from March low (Sept 5) and a more "normal" period of 220-270 days (Oct 15-Dec 4).

If McHugh's Sept 1 is correct, last night could have been the temporary high, or Monday will be, or even Sept 5 could be.

If McLaren is right, then it's next Friday or Monday week (the 5th is a saturday).

If both are right, then next Friday USA would appear to be the best fit for a temporary top.

Then a few days down, and off we go again into the final top for the year--- 1200 for SPX and 12,500 for DJIA according to McHugh.