Averaging "9" years is a good concept but in reality I would take 1989 as more important than the average.
The reason is that there is a US 4 year presidential cycle and a 10 year decennial cycle.
The common denominator is 20 years,(5X4=20 and 2X10=20) or every 20 years those 2 cycles combined look the same.
So if you want to get the best idea look at 1989 and then figure in Armstrong which has probably topped and our 62/124 month cycle which has topped and the 40 year cycle which is topping etc., and hopefully you can get an August/Sep top and even a faint chance of November.
It is all dangerous from here on IMO with the single exception that a monthly slow stoch which gives a twice a decade buy and hold has done just that. Buying around the lows is unlikely to be a long term bad decision but a second chance at the next twice a decade buy or roughly 2014 (isn't just every 5 years) will probably be easier.
- Forums
- ASX - By Stock
- terrific tuesday
Averaging "9" years is a good concept but in reality I would...
-
- There are more pages in this discussion • 57 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
|
|||||
Last
7,888.5 |
Change
-75.200(0.94%) |
Mkt cap ! n/a |
Open | High | Low |
7,963.7 | 7,963.7 | 7,882.3 |
Featured News
XJO (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online