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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Ralph W. who wrote (17719)	9/12/2000 4:50:09 PM
From: pater tenebrarum	Read Replies (1) of 436258

yes...the most prominent cycle turning point this year after July 16. it was supposed to be a high, but the cycle is slightly out of sync since Aug. 11. the next important turning point is Oct. 25/26. that's supposed to be a significant cycle low. note, cycles are not an exact science....sometimes these turn dates work like a charm (e.g. last year they came in on the dot most of the time), but cycles sometimes invert or are subject to other failures - like everything in t/a they can at best serve as supportive information, not something one should use as the sole source of information to base one's trading on. however, if e.g. today turns into a low, it would be likely that an inversion of the cycle has taken place and Oct. 25 will become a high instead of a low. if the cycle is out of phase and we continue down, then i would still be looking for a buyable low in late October. note, this is only one of several cycles that are operative, and it could be that a larger cycle has begun to turn down (e.g. the 13 year cycle) and has taken control so to speak.

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