Looking back, there was the four-year cycle that came to an end last October<<<
yes, there was, and nobody in the market timing field has seemed to recognize that in the last year,
if we are in a bear market you would expect a left translating cycle, which could mean the market would top before october 2004,
, that's a big if,
i'm not so sure that the bull market from 1974 is compleat,
and this is a wave 4 pullback,
it's hard to imagine,
but my scenario of the roman empire equals the us empire is that dow stocks are almost irrationally priced as internet stocks in 99,
it could happen,