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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: OX who wrote (74139)4/4/2001 11:19:03 AM
From: Les H  Respond to of 99985
 
The 9-month or 40-week low at end of February was just extended. Since the market (Dow/S&P/OTC) is continuing down from there, I've extended it. The Dow is primarily in a 6-month or 22-26 week cycle since 99 and should bottom by mid-to-late April. I'll likely anchor the next set of cycles by then or early May at latest. The 9-month cycle is primarily a bull market cycle so it may be best to just go with the 10-week and 20-26 week cycles for now.