SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.78+0.2%Nov 3 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Moominoid who wrote (30811)3/12/2008 5:53:26 PM
From: TobagoJack  Read Replies (2) of 217531
 
just in in-tray

"The 2008.225 turning point should be a directional change for some markets and a cycle low for others. Right now it appears to me that US stocks, bonds (yield) and the US$ could be heading into some sort of low, although US stocks may not make new lows (might be eating my words). These TP are for his economic confidence model which applies to economic cycles and thus more applicable to financial time series; individually traded instruments run on their own cycles.

Remember, last year the 2007.15 TP did not turn out to be the final high for US stocks, had no real measurable impact on any of the currencies or bonds but was an important correction for stocks and gold on their way to making new highs.

As a long time Armstrong follower, from what I remember, the actual date needs to be combined with his specific levels (from his reversal system) to indicate whether it is an absolute hi/lo or just a temporary one within any given cycle. There are also cycle inversions (sa 1999.625 which should have been a low but was a high for stocks) which you can only identify in conjunction with his reversal system (generated by an AI computer now gathering dust in some fed building).

regardless, this TP is not like last year's which signalled a major high/directional change whereas this one is a temporary low/directional change into the next major TP in 2011.45, which should be a major low. The next date to watch for is 2009.3, which should correspond to a cycle high.

Also since Mar 21 is Good Friday, TP should be either Mar 20 or 24.

Should be very interesting indeed"
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News