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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 672.04-1.7%Nov 13 4:00 PM EST

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To: Sunny Jim who wrote (18676)6/28/1999 1:36:00 PM
From: Skipperr  Read Replies (1) of 99985
 
Hi Stock Profit,

Regarding your post:
How can July 8 be the bottom of this cycle?

I have questioned this before.
Just simple counting from the week of 10/8/98 shows that this 9-month cycle surely could have bottomed on 5/26/99 (34th week). Observe that 36 weeks (9 months) would put the bottom in the 2nd week of June. With a standard deviation of +/- 2 weeks, it is very possible that 5/26/99 marked the bottom of the 9 month cycle.

Skipperr
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