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To: skinowski who wrote (6971)7/12/2001 2:38:25 PM
From: Paul Shread  Respond to of 209892
 
I thought the cicumstances were similar enough to sell half my longs a week ago and buy some gold stocks as a panic hedge. Will wade back in if we're still okay a week from now. I think we're really not in the clear until August 5 or so, but the real cluster occurs in the first half of next week, IMHO. There's also a heliobrad turn on the 18th similar in strength to the April 4 bottom (but the similar regular Bradley doesn't occur until August 5). It should be worth some sort of big move; just too much going on at once.

Just noticed in Shack's chart that the '46 panic occurred on the 55th trading day after the top:

sharelynx.net

Haven't calculated that one from May 22 yet. Edit - looks like August 9, which would be two days after the full moon of a second, lesser Puetz window.