Major trends

Robert Minor made public a report last week that could have some merit.
Claims we are approaching a 25 year cycle TOP this June to July
1932+ 25 = 1957+ 25 = 1982 + 25 = 2007
using math and Elliott wave, he has those conclusions.

Heres some interesting numbers
Dow in Aug 1982 was a low of 780
780 x 2 = 1560 which could become the SPX high in June
If 1560 is the high, then the dow at 8X the spx should make it to 13,800

When waves crash on shore, they break about 100 yards from shore. As they approach shore, they become smaller until they trickle on the sand. The market is built the same way. heres an example
DATE---- DOW------ARMS---A/ D ratio-- Vol ratio---Arms 5--Trin 5---Trin 10
4/25---13105---102-----844------1112-----76.6----3.83-----79.8
5/7----13313----75-------806------1116---78.2-----3.91------85.5
5/9----13363----82------641------790-----83.6- ----4.18-----90.6
5/18-13556-- 58------511-------784------70.8-----3.54------91.5

each DOW wave higher is acompanied with less strength.

If june 14th does produce the 25 yr top, we can then expect lower lows till later in the year, and after an interim rebound thru may of2008, the next major LOW turning point could come in Nov of 2008.

The GOOD news is that BIZ on the street should IMPROVE dramatically as the market falls.
WHY does it work that WAY?? Some would say the market looks 6 months to one yr ahead. SO if that is COMMON thinking, then the next 6 months to one yr should offer much better economics for retail, autos, etc. Hopefully the CYCLE peak would simultaneously occur for OIL as well.

Best Wishes
Jay