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Strategies & Market Trends : John Pitera's Market Laboratory
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To: Chip McVickar who wrote (1638)5/19/2000 1:09:00 AM
From: John Pitera  Read Replies (5) of 33421
 
OK We are overdue to start Exploring some more advanced
Time and Price Cycle techniques. This will be a project
that will take some time to unfold and will require some
time and a bit of study for those that really want to
benefit from the directions we may head going forward.

There are several time cycles that are operative all of
the time, but these cycles shift in terms of how
powerful they are during any given period.
Also bull markets tend to be driven by one set of cycles and
bear markets by another. The Walter Bressert Concept of
left-ward and right ward translation will also play a role.

anyway this will be an involved project and
Rome Was not Built in a Day

so for the moment lets consider this SPX chart with
a pretty fundamental Gann Grid.

geocities.com

you may wonder why divide by 12, but consider that the
British system of measurement, said to be derived from
the Egyptians was based on the same scale.

John
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