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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Oblomov who wrote (10535)	11/12/2008 9:26:46 PM
From: John Pitera	Read Replies (1) of 33421

Hi Oblomov, no I had not seen this report, thanks for posting it, just starting to read through it. I was rewatching a video presentation that Joerg Schroder gave to the Market Technician Associates a few years ago. I sat next to him in when he was running the intermediate FX book at Chase in NY back in 1987-1988. I introduced him to Elliott wave and Fibonacci. Much of his talk to the MTA was on longer term cycles in the DJIA and he discussed time cycles as being 1000 days * Pi (ie. 3.141593...) which was his adaptation of Armstrong's 8.6 cycle. he gave a good presentation: bflchinafund.com mta.breezecentral.com 2007 was a year of corrections that was only the point of departure for the Now world famous Centipede Market We're going to need a thread dedicated to exactly how many shoes have dropped before this is over. The link below shows a 309 year cycle that is comprised of 6 51.6 year cycles. contrahour.com I continue to astonished and concerned about how severe this global market blow up is. Lots of real pain out there. John

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