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Strategies & Market Trends : News Links and Chart Links
SPXL 224.48+0.4%Dec 5 4:00 PM EST

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To: OX who wrote (787)10/5/2001 3:28:36 PM
From: Les H   of 29601
 
The new trading range?

sandspring.com

I'd be surprised to see the lows retested that soon. I still think the nine-month cycle, if relevant at all, would indicate the October lows would likely be retested several times till January. I don't see a nine-month cycle in the early 70s bear market. At best, the Dow/NYSE appears to be in a six-month cycle now with a low due in September/October.
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