Birchtree
TSP Talk Royalty
- Reaction score
- 143
Re: Birchtree's account talk
anthony,
If one follows the normal four year cycle it last nested in September '06 and would be expected to nest a low in October 2010. However, there is the possibility that we've just experienced an extended four year cycle low which means the next nesting will probably be in 2012. Sometimes these lows are deep and sometimes they can be shallow. I think July 15th was the bottom of a Hurst six year cycle low. Check the archives of financial sense and safehaven for articles by Tim Wood and Robert McHuge - they are predominantly cycle types. Look for a nice confirmation break out above the recently formed triangle and resistance line at SPX 1292 - I can still smell the rocket fuel. Anyone that dumps in the short term will have later regrets. Snort.
anthony,
If one follows the normal four year cycle it last nested in September '06 and would be expected to nest a low in October 2010. However, there is the possibility that we've just experienced an extended four year cycle low which means the next nesting will probably be in 2012. Sometimes these lows are deep and sometimes they can be shallow. I think July 15th was the bottom of a Hurst six year cycle low. Check the archives of financial sense and safehaven for articles by Tim Wood and Robert McHuge - they are predominantly cycle types. Look for a nice confirmation break out above the recently formed triangle and resistance line at SPX 1292 - I can still smell the rocket fuel. Anyone that dumps in the short term will have later regrets. Snort.