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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Shack who wrote (27828)	1/14/2002 9:37:32 AM
From: big guy	Respond to of 209892

Thanks for taking a peak Shack. It got my attention because it lines up well with this call on cycle lows taking place in the same time frame. Message 16904229 "The next shortest cycle is the weekly cycle. This cycle averages 18 weeks in duration and it can vary from 16 to 23 weeks. The last weekly cycle bottomed the week ending December 14, 2001 at 271.70. As of December 31, 2001 we are in the 2nd week since the December 14th low. As stated earlier this cycle generally runs 16 to 23 weeks in duration. So, the current weekly cycle is due to make it’s next bottom between April 5, 2002 and May 24, 2002. I look for this bottom to take Gold down below the 252 level as this bottom should make the seasonal low as well as the 9-year low."