Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Bull RidaH who wrote (36860)	1/28/1999 6:22:00 AM
From: Vitas	Respond to of 94695

David, Logically, it really doesn't make sense for there to be a washout now, because that pattern is supposed to warn you of a cyclical bear, and we just had one in August-September. And you are only supposed to get one bear every four years, as identified by the summo ratio getting under -1,000. I don't think we have had that happen twice within two years since 1972. But that is a genuine triple declining summo slammation pattern. The third peak is the required minimum of days. It started from above the required minimum level. And right now it is overruling the 4 year cycle bottom pattern, which appears to have broken down. A key factor to that could be the SCY ratio which Bill pointed out earlier this month. There is no oomph to break out above the triple declining a-d line at this time. But there is a conflict between the two patterns. It could be this will be a relatively mild version of the triple summo, like 1992. Of course, there was that day in October, 1992, where there were three limit down moves in the Spoo's. Or it could be like the 1972 version. The 55 day pattern will probably unfold here. Potential Kahuna Time starts 37 days after January 8th - FRIDAY, February 13th, (36th day), and culminates on March 5th. We will just have to make sure there are no aberrations. Get out those drawing pencils, buddy. Vitas-