re: urbansurvival: so far, so wrong. i was also looking for a blowoff if you recall, but i don't think the market has the energy left for that to come true now. didn't he state that 1259,29 was the 'critical SPX support for the bullish case'? we're at 1247,41 now. he keeps on making 'the bullish case' though. btw, the cycle dates are taken from the Bradley Siderograph...if you remember, they predicted a high for 09/28, which was a Bradley turning point...now, the Bradley turn 08/10 worked perfectly well, but then something changed, as 09/28 turned into a low instead of a high and once again this week the market has turned ahead of the Bradley. now the supposed high of 10/19 once again will be a low...we'll see if it works again. lets not forget the Bradley missed the better part of the rally from last year's October low and predicted a steep decline beginning in late April which didn't materialize...maybe it's late again and instead of the Bradley catching up with the market, the market will catch up with the Bradley. and let's not forget, all this is astrology!
here's the Bradley:
geocities.com
now you know where Shepler's cycle dates come from....
regards,
hb |
