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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: BILL G. WRIGHT who wrote (25091)	7/9/2000 7:30:44 PM
From: donald sew	Respond to of 42787

One topic which I have not heard discussed much is the 9-month cycle. The current 9-month cycle started around APRIL 6. It is the common belief that if the market is bullish the top of the 9-month cycle occurs near the 6th month which would be OCT, but if the market is bearish the 9-month cycle top occurs closer to the 3rd month which would be JULY. A top in a 9-month cycle does not mean that the market sells off immediately, but have back tested it and noticed that it is common for the 9-month cycle top to be a PLATEAU prior to the main selloff in the cycle, whether the top occurs at the 3-month or 6-month point. The SPX/OEX, which are better indicators of the overall market than the DOW or NAZ, did produce a clear cycle low in early APRIL, which successfully held during the retest in MAY. The DOW also produced a cycle low in early APRIL, although it hasnt really rally much from that point, other than oscillate. Im not sure, but I dont think I would want to get caught significantly long the market right now. Im suspecting that this flatness with oscillations will continue and that both sides should be tradeable. I am noticing that many of the analyst are bullish and some who were bearish/neutral like Ralph Block are turning more bullish. Friday brought the overall market close to important resistance, and if those resistance are broken significantly to the upside(Im not talking about 1 point or 1 day either), then I may become more bullish, but for now Im still holding to a trading range trend