Jeff Greenblatt (lucaswaveinternational.com) on Sunday 2/22, presented at the NY Traders Expo, and his thesis was that the technicals (price/volume) drive the news, rather than the news driving the technicals. Certainly counterintuitive for me, anyway. In particular, he believes that fibonacci timed cycles are responsible for major market events. I belive he calls these cycles Lucas time series. As an example, he said that on Monday (2/23) we will have ended a 233 trading day cycle, which indicates a major market event (+/- several trading days) ... can't remember the starting point from the lecture. I'll try and figure it out. What think ye ?