Short Term Trading Member Forum

[sentiment]

arjunah - Yea, I was just looking back, If you look at the aug 07 lows, there is a clear 40wk cycle from that point to the march 08 lows & it seems a 20 wk cycle down to the july 15th bottom, Based on what I can tell we would be almost in the window for the 40wk bottom, but it seems the 1st 20wk cycle just a little long into july so I think you may be right, we are looking at a third 10wk cycle low here & then should put in a 40wk bottom to new lows in couple months. I appreciate your post. Keep us updated here, I would like to start studying hurst a little more, Would be nice to have some coordinated effort here from several posters.