thursday 4800? , page-19

Thommo

My way of handling those guys is to just watch the market mechanics around their dates.

Instead of just expecting an exact date, watch your regular indicators around their times and key off that.

So Laundry actually gave the local market the exact date of Oct 15 (lucky) and Ferrera gave us within a trading day of his low. Nov 8 a Sunday so either Nov 6 or 9 and we got Nov 5.

Can't argue with that!

Because they seem to have different scenarios ahead, I am hoping Laundry changes his bullish view into mid June to a bearish one.

If he doesn't then me and Ferrera are in opposition to Laundry.

I do concede there is just the presidential cycle that allows for upside into March 2010 but it is outnumbered by other cycles but will have an effect. There was probably plenty of reasons to suspect late 1999 was a top but we got the Dow into Jan 2000 and NASDAQ into March 2000 so all things are possible.