thursday trading, page-41

Ravo

Exactly what I have been saying based on different cycles.

Interesting that he mentions some cycles I am unaware of.

A Gann 86 year (never heard of it) is 10X Armstrong's 8.6 year cycle.

A Gann 26 month (never heard of it) is 2 legs of a Gann cycle.

70 year biblical cycle (don't recall any mention of 70 in the bible).

All the same, his time frames are the same as I see so whatever the methodology it makes sense to me.

I have the decennial cyle bottoming in Jan, Armstrong's cycle bottoming at Easter (so 2 out of 3 should be the low) and only the Presidential cycle left to bottom in May (which should be a higher bottom).

After that the first hiccup should be around US elections in Oct/Nov.

That is the US prognosis, but I make the caveat that here a strengthening US dollar and falling commodity prices might make our market diverge to the downside. That's not a given, just a possibility.