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A number of folks (including Gann) have observed 20 year cycles in the markets. Some claim direct correlation with astro cycles. An alternation of 20 year cycles has been observed -- a rotation of advancing and declining (or flat) 20 year periods. The rotation(see attachment): 1920-1940 -- overall flat trend with extreme volatility 1940-1960 -- strongly advancing trend 1960-1980 -- generally flat trend with a wide range 1980-2000 -- strongly advancing trend 2000-2020 projected -- overall flat trend with significant volatility given the apparent alternation of 20 year cycles, the best match for the present should be 1960, the last time a strongly advancing cycle was rolling over. -Stan -----Original Message----- From: Carl Vanhaesendonck [mailto:carl.vanhaesendonck@xxxxxxxxxx] Sent: Thursday, November 30, 2000 5:13 AM To: realtraders@xxxxxxxxxxx Subject: [RT] Re: re:60 yr cycle & sentiment + Pattern correlation I must be very dense also but...do not see any pattern correlation between the 1940-41 chart and actual DJ pattern... This said, I can agree that actual DJIA chart, plotted in weekly bars, shows some vague H&S pattern since early 1999. As it shows a wonderful and dangerous Diamond Pattern, which has since then failed on both sides. Which let us with a longe and large (9600-11900) trading range of nearly 2 years. As we know, trading range appearing after a long run up (or down) is rather a continuation pattern. I would therefore rather expect DJIA to break to the upside, with a target above 14000 pts. And if you stick with the H&S pattern, H&S failures (price do not cross the neck line but do the opposite and cross the last "Shoulder" pivot) also generate strong move. Exciting ! Carl --- In realtraders@xxxxxxxxxxx, SLAWEKP@xxxx wrote: > You right this chart represents end of 1940 & Jan 1941, > basically You subtract 60 yrs from today's date. > this chart Told me to be out of the market by end of march 2000, > buy on may 16th 2000, so far showed good hi/low rotation > & Feb 8th (+/- 4days) 2001 as a buying point after severe decline from Jan > 10th 2001 (presidential election gridlock???) Its confirmed by other methods > as very important date > > slawek To unsubscribe from this group, send an email to: realtraders-unsubscribe@xxxxxxxxxxx -------------------------- eGroups Sponsor -------------------------~-~> eGroups eLerts It's Easy. It's Fun. Best of All, it's Free! http://click.egroups.com/1/9698/0/_/152424/_/975862410/ ---------------------------------------------------------------------_-> To unsubscribe from this group, send an email to: realtraders-unsubscribe@xxxxxxxxxxx
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