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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: sq39 who wrote (22567)10/25/2001 5:05:28 PM
From: Lee Lichterman III  Read Replies (2) of 52237
 
>>your December cycle turn date happen before or after option expirations <<

Tough to say this far out as I mainly just look at the general time frame when this far away. My NASDAQ/NDX turn looks like it is before and my DOW looks to be after. The composite of the SPX, DOW and NASDAQ also appears to be after and that is teh main one I watch.

There is one bullish sign for the market if one totally ignores the FA. I have a looooong term non typical cycle that says this could have been the bottom of the bear and it has been deadly accurate for years and years. It has called the major turns of teh last few years and it just hit again on 2 October so it could be signalling a long term low. The duration of this cycle is so long that a miss of a week or so is no big deal.

The bad sign is the shorter derivative cycle of this which isn't as accurate sometimes being important and sometimes not is due on 2 November then a more important cycle turn is due in December which is the one I am keying on. The big cycle that has been dead on accurate and is the one the bulls case could be based on won't hit again until later next year so I am not even paying attention to it right now.

Could we get a year long bull run before sanity returns, maybe, but as I have said, at these valuations, I won't play it but that is just me.

Good Luck,

Lee
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