SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Terry Whitman who wrote (34764)4/24/2002 2:23:27 PM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
Terry,

I'm aware of that reading. When did Coppock advocate lightening up?

The most useful aspect of the four-year cycle (IMHO) is that since 1934, the mid-term year low has held for the next four years in every four-year cycle, so any Dow low this year must hold until 2006 or it will be the first cycle since 1930 to break the pattern.

The market came pretty close to violating the 1998 lows in September, but held above them. The only violation since 1930, as far as I can tell, was a brief move below the 1946 low in 1949 (http://www.djindexes.com/jsp/avgDecades.jsp?decade=1940). In general, the pattern has held since 1910 except for 1930.

If nothing else, it gives us a nice support level to watch for the next four years. -g-