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[gannman]

i bought a book by a fellow called john person entitled pivot points . i just got it and was looking at it the monthly pivot point for august was 1209 on the spx. i figure that if u move away from that by more than 6% in either direction then that direction is in control.. since it also looks to me like wave 3 down started sep 8 i would say that wave 3 is fully in force now provided we trade under 1135 . my target for wave 3 is 875 area fwiw g