Seems like the market is going thru the roof tomor

wig · 04-23-2004

Bonds are actually at the most likely point for a low from a long term cycle point of view IMO.

April 19-23rd is 36 weeks from the Aug 11-15th low, which was 36 weeks from the preceding low, which was 36 weeks from still another preceding low.

This week is also the mid point between the Aug 2003 low and the critical long-term cycle forecast for early 2005.

I would not be surprised to see the most recent low hold for sometime, especially if bonds can close out the week above 108.23/USM today (which would be the first good signal).

Will the market fly in the face of reason and fundamentals yet again? ;-))

Thread Tools
Show Printable Version Email this Page
Display Modes
Switch to Linear Mode Hybrid Mode Switch to Threaded Mode

04-23-2004	#1
wig Members Join Date: Oct 2002 Posts: 1,248	Bonds are actually at the most likely point for a low from a long term cycle point of view IMO. April 19-23rd is 36 weeks from the Aug 11-15th low, which was 36 weeks from the preceding low, which was 36 weeks from still another preceding low. This week is also the mid point between the Aug 2003 low and the critical long-term cycle forecast for early 2005. I would not be surprised to see the most recent low hold for sometime, especially if bonds can close out the week above 108.23/USM today (which would be the first good signal). Will the market fly in the face of reason and fundamentals yet again? ;-))