Here's a chart I played with last night, Red. Zig Zag and I refer to these as our John Nash charts. 😉 The bottom to bottom 66 cycles look pretty good, and if this pattern holds, that would take us from May 06 bottom to August 09, should the pattern hold again. This is also the beginning of the Cardinal Climax, fwiw, and obviously earlier than Laundry's August 26th projected cycle target.
Thanks for posting it, as it's very good work from Humblestudent. I agree with it too, as it still looks too me like one more leg down is needed before a rally back up can happen, to put in one final high in mid-summer.
Me neither Jim… go to bed, and look at the charts in the morning. You can still see what information you are looking for. You don't need to stay up all night… I don't. LOL
Here's a chart I played with last night, Red. Zig Zag and I refer to these as our John Nash charts. 😉 The bottom to bottom 66 cycles look pretty good, and if this pattern holds, that would take us from May 06 bottom to August 09, should the pattern hold again. This is also the beginning of the Cardinal Climax, fwiw, and obviously earlier than Laundry's August 26th projected cycle target.
http://bit.ly/crN4aK
gotta love it red! total bullsh*t. I guess the trick is to be on the right side, right?
http://market-ticker.denninger.net/
Great Chart Dreadwin…
Thanks for posting it, as it's very good work from Humblestudent. I agree with it too, as it still looks too me like one more leg down is needed before a rally back up can happen, to put in one final high in mid-summer.
Thanks Gere…
I only say I'd like to see another day, as that will make the fall down quicker and deeper. More profits for the shorts…
Me neither Jim… go to bed, and look at the charts in the morning. You can still see what information you are looking for. You don't need to stay up all night… I don't. LOL
It does. i appreciate the input. At my age i am not going to be up all night.
Great read Red. 🙂
For me, I would just as well see us tank and do away with the backtests!
I'm impressed by his skill at counting. If the fractal holds, it's golden for bears.
Great work!
Not my chart, belongs to a blogger named “humblestudent”:
http://1.bp.blogspot.com/_Qe2EUehGkjM/S-mOOCV59…