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Strategies & Market Trends : G&G's Riding Lawnmower thread -- Ignore unavailable to you. Want to Upgrade?

To: MulhollandDrive who wrote (1312)	7/31/2000 10:53:40 AM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 4966

Hi bp, I agree, this process not only wrings out the excesses, but also acts as a culling device for the weak companies out there. As painful as it can be, for the long term good, it needs to happen. JXM

To: MulhollandDrive who wrote (1312)	7/31/2000 11:17:13 AM
From: Augustus Gloop	Read Replies (1) \| Respond to of 4966

Funny you mention that as I have noticed the same thing. My take has been that the cycle is about 10 days off. In spring I usually have expected a rally in early March and a sell-off starting around April 15. The rally this year started in late February and the sell-off was sooner than April 15. The summer rally I would normally expect around June 10-15 and the sell that follows to reach its bottom in the August 10 range. We started to rally on June 1 and we shall see where our bottom comes but to make a long story short, I agree with you.