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Strategies & Market Trends : MP - Market Pulse

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To: Les H who wrote (253)	7/1/2001 9:53:31 PM
From: John Madarasz	Read Replies (2) of 1328

Interesting "significant dates" *Here's an interesting 55 day cycle that's still in play Message 15839399 and this from Rich Hahn... The market continues to trace out a pattern resembling previous crash years. The Value Line Arithmetic index made a record high on May 22. Since then, there's been a retracement and a recovery rally that has (so far) failed to make a new high or exceed a bear market retracement level. Unfortunately, that is the market crash signature seen in previous crash years. 28 trading days past the peak hits on Monday, July 2. Please count 28 days past the peaks on the '29 and '87 charts below the current VLE chart. You will see the pattern is frightfully similar. *disclaimer Message 15991992 Thanks again for the journal

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