Daily Speculations

The Web Site of Victor Niederhoffer & Laurel Kenner

Dedicated to the scientific method, free markets, deflating ballyhoo, creating value, and laughter;  a forum for us to use our meager abilities to make the world of specinvestments a better place.

 

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9/3/04
James Sogi: Plus c'est le meme chose..

On August 23rd I wrote:

Last 3 SPX Down turns .. & Bounce
March 04 1156-1091 65 59
Apr/May 1150-1084 66 60
July/Aug 1144-1064 80 ??

...If we get 20 more points to 1120 in the next few weeks, it will approach the number of points in past bounces.
The SP shilly shallied a bit, made 1120 which ends the summer with same cycle gain as the last two!