This thread might be of some interest :
http://www.elitetrader.com/vb/showthread.php?s=&threadid=18905
http://www.elitetrader.com/vb/showthread.php?s=&threadid=18905
Is the interest rate senario the same now as it was then? What about the US Dollar?quotes from fortuna :
I searched for the most auto correlated SPX data with the last 82 days and found the period coming from august 1980
Since 2 months it has perfectly shown the way
We will test it today to see if SP500 makes a 3 - 5% move up in the next week
Now the period 1980 is quite similar than now
stocks made a bear market rallye before plunging until august 1982 (start of the long bull market)
Quote from CalTrader:
My data analysis, while not exactly agreeing with yours, points to similar indicators. There are several similarities in recent data as compared with the time period you mention. The interest rate environment is a big wildcard and my analysis does not show that the US Economy is structurally as weak as it was in the early 80's .... so .... we may not see an exact replay of the late summer 80's conditions IMHO.
Quote from fortuna:
I searched for the most auto correlated SPX data with the last 82 days and found the period coming from august 1980
Since 2 months it has perfectly shown the way
We will test it today to see if SP500 makes a 3 - 5% move up in the next week
Quote from MarketMariner:
Its not spam...Its a free report i am sharing at what i look for every day..the folks listed now give me very positive feedback..just helping out.
Don't respond to them. I've never really understood what it is they get from their posts and subsequent responses, but it seems that the common wisdom of ignoring them reduces their activity - a lot like depriving them of food and water.
LatezQuote from MarketMariner:
The report i send is free. Nothing is for sale in it..no leads to my site or anything. you probably could learn something with your attitude..Its not a good one
Peace!