JEFF, you know that I like your posts VERY MUCH! Here are my thoughts.
My comment was prompted by this forecast comparison between Jeff and Zeev:
(1) Top: Jeff 1700-1800; Zeev: 1619
(2) Bottom: Jeff 700-800; Zeev: 950
Regarding AVs:
(1) on weekly 3-year COMP chart we had AVs 2 times during this bear; 8/00 on Full and in 12/01 on Slow:
stockcharts.com[g,a]waclynay[df][pd20,2!f][iLh5,5!Lp14,3,3][J8629806,Y]&pref=G
(2) on daily 3-year COMP chart we had AVs 5 times on Full during this bear; 6/00, 10/00, 5/01, 10/01, 11/02 and about 8 times on Slow; 6/00, 8/00, 12/00, 1/01, 11/01, 12/01, 1/02, 10/02:
stockcharts.com[g,a]daclynay[df][pd20,2!f][iLh5,5!Lp14,3,3][J8629806,Y]&pref=G
So, Jeff, I fully agree that AVs are still very possible on daily/weekly COMP in this rally and if they happen they might take this rally farther, maybe much farther.
So, let's watch for AVs! |
