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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: TREND1 who wrote (25721)1/30/2002 9:58:07 PM
From: 16yearcycle  Read Replies (2) of 99280
 
"In other words
It doesn't look like
Oct 1998
April 2001
Sep 2001"

Ok, but it does look like summer 1999, and the nas then went up 100% in 7 months, the greatest move in history.
Imvho, it useful only in tipping us off that the market is oversold or overbought in about a 4 week time frame.

Hey, my target for the years high is 2300, so I am not wildly bullish, but I do have a problem with everyone being in love with indicators that have only worked really well for 2 years, but were spotty during the 90's, if any use at all.

I do clearly see that as you fine tune Hal, he will give buys much less often, but they will be nearly sure things.
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