Regarding this turning point.... McLaren Report

March 28th CNBC Report

The time periods from the January low that can end the move up if the move up is a counter trend in a bear campaign are 34 days and that was the February 26^th high, then 45 calendar days at the 10^th March low and 60 days which was last Monday then 90 days which is around April 22^nd. Those time periods are solid. So, moving up into May and exceeding 90 days would indicate this was not a bear campaign. Those time periods for counter trends in bear trends are factual that is true for every bear campaign this past 100 years. So it is very important that the index move up past Monday's high since it was 60 days from low

(more at link above)

Edited by SemiBizz, 29 March 2008 - 11:10 PM.

count back (from friday)...8,13,21, and 34 days you will find swing points at all 4 (exact) swing point for me = 4 day hi or lo you will also find a 54, one day off 55 now for this exact count to hold, basically what we need is a gap up and scorch Monday.....and straight up at least 4 days to qualify Fri as a swing low? They need 1331ish to 'save' March.....so go figure paulson's big announcement is now splattered all over everywhere....check MarketWatch right now....so go figure FWIW

count back (from friday)...8,13,21, and 34 days

you will find swing points at all 4 (exact)
swing point for me = 4 day hi or lo
you will also find a 54, one day off 55

now for this exact count to hold, basically what we need is a
gap up and scorch Monday.....and straight up at least 4 days
to qualify Fri as a swing low?
They need 1331ish to 'save' March.....so go figure
paulson's big announcement is now splattered all over
everywhere....check MarketWatch right now....so go figure

FWIW

Welcome to the board. I agree we need a day with strong conviction.

Funny you mention 4 days in a row for your count. Maybe April 2005 holds some clues?

count back (from friday)...8,13,21, and 34 days

you will find swing points at all 4 (exact)
swing point for me = 4 day hi or lo
you will also find a 54, one day off 55

now for this exact count to hold, basically what we need is a
gap up and scorch Monday.....and straight up at least 4 days
to qualify Fri as a swing low?
They need 1331ish to 'save' March.....so go figure
paulson's big announcement is now splattered all over
everywhere....check MarketWatch right now....so go figure

FWIW

I also have been counting this. Using Jan 22 as day 1, March 10 was day 34 and a low on the INDU.
Starting from March 11, March 28 was day 13. So April 9 would be day 21. And April 9 would be day 55
from Jan 22.
I have to think April 9 will be a significant high or low. Now I am off to church to find guidance on which it will be.-g-


http://stockcharts.com/h-sc/ui?s=$IND...id=p07098201991

Agreed with one major and significant exception, count from the 3-17-08 low not the January low. My work indicates the SnP will advance to the 1400-1430s and top between late May to Early June. Best, Larry d:^)

Edited by LarryT, 30 March 2008 - 07:51 AM.

Agreed with one major and significant exception, count from the 3-17-08 low not the January low. My work indicates the SnP will advance to the 1400-1430s and top between late May to Early June.

Best,
Larry d:^)

The Paulson news is so good I would not be surprised if it got over 1400 this week.

The Paulson news is so good I would not be surprised if it got over 1400 this week.

= PAID SPAMMER

Edited by beta, 30 March 2008 - 11:57 AM.

My prediction for Monday's trading: LOD = 1303-1305, close on HOD = 1331 That will "save" the monthly/weekly green candle, but leave intact the downtrend.

Edited by beta, 30 March 2008 - 12:32 PM.

My prediction for Monday's trading:

LOD = 1303-1305, close on HOD = 1331

That will "save" the monthly/weekly green candle, but leave intact the downtrend.

sorry i think at this point they could care less about that monthly candle, but of course we will see tomorrow

my prediction

lod 1308 close 1326

but really i would like to see futures tomorrow before making a guess

maybe futures will be up 1 per cent when we wake up

"The Paulson news is so good I would not be surprised if it got over 1400 this week. " It's not that good, Mr. Paulson,LOL.