Tim Wood's 4-year Cycle Theory
Friday, March 9, 2007
Still anxious about the market?
Tim Wood has posted an interesting editorial on FSO Market Wrap: Another Look at the 4-Year Cycle
- Well, my statistical analysis surrounding the 4-year cycle top in 2000 not only allowed me to make the call, but I missed the price target by a mere 200 points. That article was written in July 2001 with the Industrials well over 10,000 and this was later published in the November 2001 issue of Technical Analysis of Stocks and Commodities Magazine. It is these same technical and statistical methods that have and continue to tell me that the odds are the 4-year cycle low is still ahead of us, and that in all likelihood the 533 point decline seen for the week ending March 2nd was likely only the beginning.
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