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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (63062)	6/8/2006 6:19:41 AM
From: westpacific	Read Replies (4) \| Respond to of 110194

Cycle Update, bottom near and a big rally looks about to commence......... 10,600 (P&F target & uptrend regression channel bottom)/ 10681.43 (21 DMA monthly) / 10,661.15 (shoulder bottom for the domed house). Expect a bottom no lower than here. If we even get there....Summer rally into August. Let's see how it plays out. We have every indicator now calling a rally. Wall Cycle 8 finished, Wall 9 needs to build its up wall and for a pretipice finish it must collapse after a final blowoff. 1987 market rallied: 5/20/87 2188.53 topped 8/25/87 at 2746.70 Then crashed for 41.16% in eight weeks. 1929 market rallied: 5/31/29 290 topped 9/03/29 at 386 Then it crashed for 49.39% in ten weeks. BOTH WERE WALL CYCLE 9 TOPS. If I am right we have the same setup and the market will crash September into November for at least 40%. The top is not yet in. Calling for a top on August 28th. The next week will confirm my ideas. West