A recessionary "fractal"
Started by
selecto
, Nov 01 2008 10:42 PM
4 replies to this topic
#2
humble1
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Posted 02 November 2008 - 03:18 AM
i like that.
in general and fwiw, i think we will go a bit higher for a bit longer than the 2001 snapback (partly for sentiment reasons, partly for e-wave reasons, partly for astro/lunar reasons, that's enough partly's), but the bottoming pattern is pretty kewl.
here's more from an earlier post here at TT by "jack" in case you missed it:
http://stockcharts.com/h-sc/ui?s=$SPX...amp;a=154156380
in general and fwiw, i think we will go a bit higher for a bit longer than the 2001 snapback (partly for sentiment reasons, partly for e-wave reasons, partly for astro/lunar reasons, that's enough partly's), but the bottoming pattern is pretty kewl.
here's more from an earlier post here at TT by "jack" in case you missed it:
http://stockcharts.com/h-sc/ui?s=$SPX...amp;a=154156380
#3
eminimee
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I don't care who's fur is flying...
Posted 02 November 2008 - 10:52 AM
Do we have a lasting bottom?? Noone can say for sure if it's a lasting low...but the confluence here can't be ignored..Note the TL connecting the 2004 lows on these charts...SPX and OEX hit it on Oct 10th.....ES hit the TL on OCT 27th making a lower low in Globex (ES chart is a continuous) and SPX and OEX made higher lows (oex made a much higher low than spx)...if nothing else...it's interesting..
http://img231.images...eurod885ge7.png
http://img231.images...eurod883fz9.png
http://img87.imagesh...eurod880fj8.png
http://img231.images...eurod885ge7.png
http://img231.images...eurod883fz9.png
http://img87.imagesh...eurod880fj8.png
#4
selecto
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Posted 02 November 2008 - 12:40 PM
Daniel, I assume you have seen Calendar's model which also likes December for a hi.
I am not sure what to make of all of this - but interesting to watch.
I am not sure what to make of all of this - but interesting to watch.
#5
humble1
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Posted 02 November 2008 - 01:11 PM
no, i had not seen the solar/lunar for this year and i like the trend into the end of the year. but, what about next year? i see it rises right into the end of 2008 and that is certainly "a hi" LOL but will it be "the" high for the move?
i use to have the solar/lunar template but cannot find it so the 2009 would be interesting to see. please post if you can root it out.
Edited by humble1, 02 November 2008 - 01:12 PM.
