Hadik has noted recently that the 2.5 yr cycle that has
called the tops and bottoms of this market so well since 1997 had a
call of a top between Feb 13-22, 2013. So far looks like a good
call.
There was that fibonacci chart that Matt had in a newsletter
about a month or two ago that showed a potential for a major top or
bottom when it came due. Having said that, they have all been
bottoms, so maybe not relevant. Additionally, Caldaro has
noted that this entire bull market has baffled him in that there
have not been long and drawn out wave 4 structures, but that they
seem to always peter out, or we get truncated 5th waves.
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a top you say?
Many similarities to May 2010 "flash crash"
Posted by perthx on 22nd of Feb 2013 at 05:21 pm
Hadik has noted recently that the 2.5 yr cycle that has called the tops and bottoms of this market so well since 1997 had a call of a top between Feb 13-22, 2013. So far looks like a good call.
please post a link for the hadik comment? thank you
Posted by jen12 on 22nd of Feb 2013 at 06:49 pm
There was that fibonacci chart
Posted by kalinm on 22nd of Feb 2013 at 06:38 pm
There was that fibonacci chart that Matt had in a newsletter about a month or two ago that showed a potential for a major top or bottom when it came due. Having said that, they have all been bottoms, so maybe not relevant. Additionally, Caldaro has noted that this entire bull market has baffled him in that there have not been long and drawn out wave 4 structures, but that they seem to always peter out, or we get truncated 5th waves.