Thursday, January 21, 2010 5:07:26 PM
Hi Dowdeva,
I'm not in the same camp as Terry on that one, but a secondary high is likely into the spring. In fact I am still trying to figure out how we get an August high this summer (per Landry) where I expect to see an 18 month low.
But what I am really interested in is seeing how this plays out in the coming year.
On a long term Bradley chart, that signature low coming this summer is the biggest since the early 30s. The one prior to that was the 1870s panic. Now it may all be in our rearview mirror already, but then maybe not. Then of course we have a 9 year cycle low due late 2011.
http://www.amanita.at/Interessantes/Artikel/detail.php?id=310
cheers,
john
I'm not in the same camp as Terry on that one, but a secondary high is likely into the spring. In fact I am still trying to figure out how we get an August high this summer (per Landry) where I expect to see an 18 month low.
But what I am really interested in is seeing how this plays out in the coming year.
On a long term Bradley chart, that signature low coming this summer is the biggest since the early 30s. The one prior to that was the 1870s panic. Now it may all be in our rearview mirror already, but then maybe not. Then of course we have a 9 year cycle low due late 2011.
http://www.amanita.at/Interessantes/Artikel/detail.php?id=310
cheers,
john
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