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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (4226)8/26/2000 5:47:27 PM
From: UnBelievable  Read Replies (1) | Respond to of 19219
 
Do You Think That Since Thursday is the Last Day of the Month Is Likely To Affect the Cycle.

It seems that a number of people are saying we are close to a cycle top, but that the extent of this correction is probably going to be somewhat limited.

If we assume that left to its own devices that the correction might not occur until Tuesday or Wednesday, and if that were the case it might be more difficult to "get it up" for the last day of the month, would you expect some type of pre-emptive action.

Is it possible that there might be an early induced labor to get it over with and not have to run against the wind on Thursday.

Alternatively, do you think it would be possible to forestall any cycle reversal until after Thursday.