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To: Louis V. Lambrecht who wrote (2928)1/24/2004 7:00:17 PM
From: Sawdusty  Respond to of 313809
 
My compliments on your work Louis, it's going to take some time to digest........if even possible for me.

Cheers,



To: Louis V. Lambrecht who wrote (2928)1/25/2004 5:48:53 AM
From: TheBusDriver  Read Replies (1) | Respond to of 313809
 
Hi Louis,

Excellent work. See how good you can be when off the glue?

Seriously, I read your stuff and reread it. Very good and very understandable. It must have taken some time to put that all together. Thanks for sharing it with us.

You have made a very good case for the bull market as you see it in an open and neutral way, and the things you use to measure it with. It all makes sense to me for a change.

The lease rate spikes put in historical perspective and how "smart" the commercials are, they are on the inside after all aren't they? CoT data revealed as much as it can be given the secretive manner in which data is reported, O/I and how it can be used to see what the commercials are up to in a macro, and finally the cup formation in POG.

General consensus among the people I read is that they expect a bull market into 2007. This is usually taken to mean increasing prices in POG over time. If the 8 year cycle has changed, and we get 2 more years of up cycle, how does this effect the handle in the cup formation?

Need to look into this myself. Does a cup always need a handle?

Wayne (back under his rock)