Monday, July 20, 2009

What's next?

Larry Edelson of Money and Markets claims that their cycle work has a Bearish tilt by end of the month, and if that's so, it could limit the current apparent nascent 'C' wave of the rally. The .500 node value you are all seeing on the spreadsheet charts is at 7/28/09, so maybe that's the final top of the current Bear market rally. We'll see...

By the way, the Martin Weiss group has acquired an interest in the Foundation for the Study of Cycles. That is what their cycle forecasts are based on...

2 comments:

John said...

Hello Mark

I have been lurking since the move, I see you are doing great

old john

mlytle said...

Hi John,
Glad to see you are still stopping by...

Regards,
Mark L.