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JimQuinceH

05/26/04 3:10 PM

#250170 RE: opnion #250162

Opinion, In the systems I've developed for my own trading (and publishing my "Change of Direction Points" <g>, on this thread, ONLY), I've discovered that there are Momentum Cycles, that precede Price Cycles, and these Momentum cyles run 20+ weeks top to top.
This week is the 21st week from the last top, i had the week of December 29, 2003, now whether the Momentum Cycle will be 21 weeks or 24 or 26 weeks from the last one, I do not know.
The shortest Momentum Cycle in recent years was 20 weeks top to the next top and the longest has been 29 weeks, top to the next top.

Jim