Potential Dates Of The Next Major Bottom In Stocks
So, did anyone think about what I said about market rhythms and cyclicality in the last post? Because I was giving you a tool to do some further analysis.
At least over the last handful of years, the market's rhythm led to substantial new exhaustion lows a regularly timed intervals. Using this as a guide, we might expect to see a new exhaustion low to be in May-ish or October-ish of 2010 - two months of traditional weakness. That doesn't mean the market is going to rise for another eighteen months. It simply means that is the next potential for a substantial exhaustion low using the rhythm of the market on the weekly chart.
This is purely an educated hypothesis using rather esoteric data but that said it is far better than any guess given by an economist or talking head pulling rabbits out of their hat.
At least over the last handful of years, the market's rhythm led to substantial new exhaustion lows a regularly timed intervals. Using this as a guide, we might expect to see a new exhaustion low to be in May-ish or October-ish of 2010 - two months of traditional weakness. That doesn't mean the market is going to rise for another eighteen months. It simply means that is the next potential for a substantial exhaustion low using the rhythm of the market on the weekly chart.
This is purely an educated hypothesis using rather esoteric data but that said it is far better than any guess given by an economist or talking head pulling rabbits out of their hat.
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