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Gizmo

11/29/08 7:50 AM

#136202 RE: anon #136200

I'm thinking there will be substantial selling in December. Tax-loss and pre mutual fund distribution.

That lines up with your cycle stuff.
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ajtj99

11/30/08 10:46 AM

#136217 RE: anon #136200

I believe there's a Bradley turn on 12-16 as well. Often times we will dip into mid-December for op-ex as well as tax related selling. The highs in the 2001 and 2002 bear came in early December.
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anon

01/03/09 12:14 AM

#138032 RE: anon #136200

cycles

I missed the early Dec high (cycles aren't perfect) but the cluster of December lows arrived (although low was not deep)...

next i have 1/9/09 (friday) high and 1/12/09 (monday) high...looking for spx 966 on or before those highs(fwiw)...then 1/20/09 low