daytrading june 14 afternoon, page-27

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    PB, funny you should mention that. Ages ago I sat down and calculated all of Armstrong's fixed dates. As you can see in the table below I have the 7th august as a left shoulder peak. Remember the last boom where 2003 and 2004 were good years and then 2005 was a nothing year in the US?? That is because 2005, according to Armstrong's fixed cycle, was equivalent to the period we are about to begin on aug 7th.

    All that said I found that more often than not Armstrong's fixed cycle was a let down. It was Voltaire who used to insist that one would have more success with Armstrong if you just considered his cycle, or fractions of his cycle as a time period and just start it from a major point such as the GFC low. I concede that he was correct.

    It is also probably worth pointing out that the last significant correction for the djia was in October 2012. From that high to the forthcoming Armstrong date is exactly 1/12 of an Armstong cycle.

 
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