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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (3159)	12/31/1998 2:22:00 PM
From: John Pitera	Read Replies (1) \| Respond to of 99985

Hi Les, Isn't that the book where Bressert talks about leftward translation of the cycle in bear markets and rightward translation in bull markets. ie. in a bull market the 9 month cycle will be yielding higher prices for the first 2/3 of the 9 month cycle, However, when we enter a bear market, The 9 month cycle will have prices rising from the cycle low for only approximately the first 1/3 of the 9 month cycle, or for 3 months? that's the key question now (IMO) as to whether we should expect rising market averages into the April timeframe 2/3 rds of way into the 9 month cycle or if we will only get rising prices into the 1/3 portion of the 9 month cycle which would be in early Jan. Questions....Questions, John PS I clicked over to the full comments that you hyperlinked on your cycles post and I see that he is discussing this leftward, rightward cycle translation as well.