good lord its the running of the bulls, page-63

A refresher on pres and dec cycles and no it doesn't always work out exactly.

The first chart is dec 10 year cycle and suggests a top in the first half of 2011 and down into mid 2012.



Second chart is pre-election year (2011) of pres 4 year cycle and suggests strength into end of 3rd quarter and then down.



Third chart is election year pres 4 year (2012) cycle and suggests weakness into mid year.




Combine them and it suggests a top any time from perhaps March to Sep this year and weakness into mid 2012.

Of course there are other cycles to consider.

Armstrongs fixed cycle has a low this June and while it doesn't always a pply to equities it suggests some major change in some financial instrument shortly.

And then on the local market I have July 2013 as an important low. Just as the last high for May wasn't the absolute high but the lower high, and Nov 1992 was a higher low to 1987, this low is probably a higher low to 2009.