wednesdays wager, page-46

hi treggs...

the 'cycle indicator is purely a guide and is
not designed to exactly pinpoint cycle high
and lows....

i have applied 'Hursts' cycle theroy (this case 20 week)
to demonstrate there was currently a reoccuring pattern

ie...around 85-to100 days (alowing for 10-15% varience)
there was a cycle low and u can
see that happening... currently it its not quite playing the
game... past research has shown a dominate long term
cycle tends to win out against any short term technical indicators(ie bearish candles etc)....

u may be right in saying momentum is waining but we are niether tanking either YET...

my point was we seemed to be at a discount with regards to
a 'cycle' high in comparison to other index's unles we have peaked early...

A