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Did not Terry Laundry say 734 last week?


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#1 big nick

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Posted 27 February 2009 - 12:26 PM

I read that! Roger could he be right.....nic

#2 Rogerdodger

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Posted 27 February 2009 - 12:42 PM

T Theory Update (Partial)

Update for Monday February 23 2009.


See Chart Download SRT090220ImpliedChannel


Currently the lower channel is stated as 734 for the cash S&P but it is falling lower each day. As the chart illustrates, key oversold conditions like that seen in mid September 08, October 08 lows, mid Nov 08 low, require a downside penetration by some 10 points + before a significant rally can be expected for the current down trend.



#3 tommyt

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Posted 27 February 2009 - 12:42 PM

I read that! Roger could he be right.....nic



I thought he said a spike of 20 pts below his lower line, which was 744 I think? = 724

#4 SilentOne

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Posted 27 February 2009 - 02:09 PM

I read that! Roger could he be right.....nic



I thought he said a spike of 20 pts below his lower line, which was 744 I think? = 724


/ES printed 729.50 this morning. Drum roll please .... 729 is a Gann square. Darn!

cheers,

john

Edited by SilentOne, 27 February 2009 - 02:11 PM.

"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain

#5 Data

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Posted 27 February 2009 - 02:14 PM

there's a trendline from the 1982 lows.