By assuming that a change in market direction is probable near the date of a predicted high or low, other trend-following indicators can be used to decide whether a high or low is really likely to occur. Gertrude Shirk, past research director of the Foundation for the Study of Cycles, has monitored a regular 40.68-month cycle in the stock market and projected that an ideal low period for this cycle would occur near March 1989. 5 year subscription to Working Money. Free book selection. Limited time offer.
Offer ends soon.
Inc. All rights reserved. Visit our main Website.