weekend thread, page-20

volt...

im surprised u havnt
come across this 'situation' with
yur overlay technique...

two much emphasis on 1929 has clouded
everyone's thinking...

i think prechter has got it wrong with his
long declining 'c' wave, instead we briefly
spike higher going into early mid 2011, then sideways,
and nest lows in mid late 2012...

the key will be confirmation that we really
have started a new 9yr cycle and we nest a new
higher low 18m cycle....







short 18m cycle to begin the 9 yr and 54m cycle followed
by a higher low new cycle, then the decline in the third
cycle...
note how quickly the index has risen, and the higher
high 'b' wave, very similar to todays pattern...










todays pattern not dissimilar to the mid '70's
pattern, which allows for a low of the
54m cycle into mid/end 2012...