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Strategies & Market Trends : Zman Market Timing -- Ignore unavailable to you. Want to Upgrade?


To: Nihontochicken who wrote (211)10/17/2013 4:35:38 PM
From: zman691 Recommendation

Recommended By
llap

  Respond to of 15903
 
With today's close above 1730 the Zman top is now on life support and the only reason it is not dead at this point is that the Dow is still below its 9/19 high. But unless we see a quick failure and reversal lower within the next 2 trading days then I will have to conclude that the Zman top failed and this bull market is going to extend further.

While it would be disappointing to see the powerful cycle synergies of 9/19 fail, at the same time I am glad that we didn't see a Debt Default and a resultant financial crisis. So, I will get to work this weekend on looking at alternate time window candidates for the bull market top assuming that the 9/19 Zman top does not hold for the Dow.