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To: Galirayo who wrote (137106)10/4/2006 5:31:03 PM
From: Paul Shread  Read Replies (1) | Respond to of 209892
 
Hi Ray,

It's hard to find any mid-term year - or much yet any year - that didn't at least have a lengthy pause at this time of year. Which has me thinking of 1978, when a multi-year top was set at this time of the cycle, or 1958, which had a sharp decline in November. We'll see what the mid-term elections bring if we don't top out before then, but I don't see straight up without a break as an option for much longer.

As usual, my opinion is worth what it cost you. -g

Paul