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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Leland Charon who wrote (3872)	9/10/1998 3:43:00 PM
From: Stoctrash	Respond to of 44573

Chuck Carpino has a thing on the 55 day cycle, I think he wrote it up in TASC a while ago also. I think its a Gann thing. He has a ST Low tomorrow or Monday.

To: Leland Charon who wrote (3872)	9/10/1998 4:20:00 PM
From: Patrick Slevin	Respond to of 44573

I finally found the post, it was on TSO. The part about the cycle is as follows. I can expand later, if you like. I have to go hit some golf balls. Finally, a fait accompli may be the 55 day cycle which hits next Monday, I believe. Then my good friend in Florida using some other kind of cycle madness has September 28th, I think it was, for a debacle. Using some sort of cycle stuff he is very good with his calls. But the 55-day cycle is the self-fulfilling prophecy very often it seems. So my opinion, such as it is, is to be particularly leery of these two Mondays. I know it's tantamount to believing David Copperfield is not an illusionist but these cycle theories have an odd way of repeating themselves......otherwise they would not be cycles, no? By the way, youse guys owe me 10 points. I was thinking about some Camp wrote, suggesting a selloff after the NYSE close in the spoo. So I looked for this instead of trading it. (Just kidding. I would have left for the course, anyway. But it did cross my mind that it looked like a sucker rally.) EDIT. Gee, I guess that was not the post, after all. Sorry. Anyway, if you like I'll tell you later.