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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 685.66+0.2%Dec 5 4:00 PM EST

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To: Vitas who wrote (19617)7/8/1999 12:52:00 AM
From: Compadre  Read Replies (1) of 99985
 
Vitas: << Jaime, what conclusion do you draw from "the 9 month anniversary of the October bottom" being tomorrow? >>

To start with many of us had the perception that the 9 month cycle had to visit the 200 day EMA every time. (This is including myself)

Well, guess what? We were not even close to the 200 day EMA near the end of this 9 month period. So my position is that this 9 month cycle never had a completion yet, and if it is to happen in the future it is more likely to be a 12 month cycle or a 15 month cycle.

Then there are those who will try to redefine the 9 month cycle to make it fit the mold. And I will not argue this point, because it is kind of pointless. <G>

Regards,

Jaime
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