Boys we may do get a few good days....I do not doubt the power...

Boys we may do get a few good days....I do not doubt the power of the 17th. But maybe there are some counteracting waves this time.

What is happening to us here in Oz versus the US makes perfectly good sense from an Armstrong perspective. The XJO top came in 3 weeks after the DOW and SPX last year. The low of the SPX (more reliable than the DOW) was a little out off a complete Armstrong leg but not too far. In recent weeks the US has more or less been in a holding pattern as they passed through the Armstrong date. We will hit our date late this month and that may explain why we continue to fall and they seem to have bottomed.