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

To: Haim R. Branisteanu who wrote (39446)	4/10/1999 9:52:00 PM
From: Moominoid	Respond to of 94695

The more minor corrections and consolidations we get the higher the indices can go near term (few weeks) using my methods. If they go sideways for long enough then the potential top begins to decline and come back to equilibrium, a turning point is hit (index hits the potential top) and the cycle ends. It's not constructed that way but that is what it says. A simple version is just some long run Bollinger Bands. Particularly 34 weeks or so (8-9 month cycle). I also use a regression method that tends to say the same thing. Also check available weekly MACD and stochastics, McClellan summation and other indicators to see if they confirm my own indicators. David