As Crystal Ball readers know, I have found a uniqueness in the numbers 27 and 18 that span all time periods -- hours, days, weeks, months, and years. Turning points in the markets (and throughout nature) have an uncanny tendency to occur at multiples of 18 and 27 from prior highs and lows, and I have determined that this represents a superior form of turning point prediction over conventional fibonacci-count analysis.
The number 27 and its 18 unit deviative are related by the two fibonacci numbers 3:2. Their lowest common denominator is the number 54 -- the point at which their ratio exists at the lowest whole number count. The highest common denominator is their product: 27 X 18 = 486.

Earlier today, Pat Whalen, in his CB post of February 16, 2001 at 09:32:26, raised the riddle: wHAT DOES aPRIL 14, 2000 and fEB. 16, 2001 HAVE IN COMMON?

I invite readers to examine the 486 hour rhythm beginning with the panic low on October 28, 1997. Add 486 trading hours and multiples thereof through the present. You'll find 12 turning points -- 8 lows, 4 highs. The rhythm has not varied by more than 15 hours (3%). The April 14, 2000L was a 486 hour rhythm point, the next one occurred at the July 28, 2000L, the next one occurred at the 06-Nov-2000H, the next one is due February 16, 2001 -- NOW!


Good Trading!

STAN HARLEY
The Harley Market Letter



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