So how did 2007 pan out for the Bulls and the Bears?
It was quite a volatile year, with many large swings up and down, Many crash calls this past year petered out to barely a 10% correction. overall the Bulls are on the winning side of the trade with the long term uptrend intact.
We started the year at 1418 SPX and are currently at 1492 SPX, another Up year in the Bull Market that started since 2003. It looks like a large Bull Flag or triangle, before yet another strong move higher in 2008.
A gift of Bliss, which is the true Secret for Success in Life:
"Enjoy your Life and be Happy.
Being happy is of the utmost importance.
Success in anything is through happiness.
More support of Nature comes from being happy.
Under all circumstances be happy, even if you have
to force it a bit to change longstanding habits.
Just think of any negativity that comes at you as
a raindrop falling in your Ocean of Bliss.
You may not always have an Ocean of Bliss, but
think that way anyway and it will help it come.
Doubting is not Blissful and does not create Happiness.
Be happy, healthy and let all that love flow through your heart"
Maharishi January 1987
"From Bliss, indeed all these beings originate; Having been born, they are sustained by Bliss; They move towards and merge in Bliss."
Upanishads
Happy Blissful Holidays to you and yours.
Ian_G
The 12/18/07 Time Cluster
1. I had a triple CIT due 12/14-17+/-1, the 12/18 Low was 1 day off and fits this CIT as it is in the sphere of Influence (SOI).
2. Then we had the unusual cluster of Astro CITs on 12/18-19:
12/18, we had Mercury conjunct the Galactic Centre (=GC, discovery M. Zimmel), Venus Trine Uranus and 12/19 Sun conjunct GC, Saturn Retrograde and a double proprietary Astro CIT due 12/17 and 12/19.
3. The 2.5/5 week Low was overdue to bottom and made its Low on 12/18.
We will see higher Lows and higher Highs, even with the upcoming 20 week Cycle Lows due Late December/early January 08. We should see a strong rally once the 20 week Cycle Lows are in.
The 167 Hourly Cycle pinpointed the 11/26 Major Low.
If we break much above 1490 SPX, the old Trapdoor to Hell for the Bulls (Red TL), we will have a short squeeze from Hell rally.
It won't look pretty for the Bears..
Happy Holidays! from the CNBC Crew 
http://www.elfyourself.com/?id=1176390290
We invite you for the open House at our Time and Cycles Yahoo Group for 1 week through 12/12/07.
http://finance.groups.yahoo.com/group/timeandcycles/
Come and join the Fun and take a sneak peek and see what we are up to.
The 11/26 Lows (see previous posts) remains the Lows sofar.
Intraday today 12/5: I had a CIT Time and Key 1.618 Price extension meet at 1489 DEC SP, gives a 90% chance of a Major Reversal to the downside.
Also watch 2.34-40 pm CIT.
Short term Cycles: 12/5 High, 12/6@ Close Low.
