XJO 0.70% 8,269.8 s&p/asx 200

very nasty stuff coming up, page-3

  1. 10,346 Posts.
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    Ah blah, sorry my bad. There are only two cycles down... had the wrong date put in for the third.

    If you look back to the Oct 2005 correction, the cycle that turns down on the 16th, turned down on the 30th of October 2005.

    The same cycle also turned down on the 29th of May 2006 and stayed down until the 22nd of September - get the market depressed for some time.

    The other cycle is a very short term cycle and it turns down on the 30th of Jan. Ignore that one it will just add a bit of speed to any sell off, or lessen the gradient of any rise.


    So we have this very important medium term cycle turning down on the 16th at exactly the same time the US should experience its first correction for 2007.
 
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