Javascript Disabled Detected

You currently have javascript disabled. Several functions may not work. Please re-enable javascript to access full functionality.

1929 Dow Vs. 2007 Dow

Started by Russ , Feb 28 2007 06:13 PM

Please log in to reply

2 replies to this topic

#1 Russ

Member

Traders-Talk User
7,196 posts

Posted 28 February 2007 - 06:13 PM

1929 initially took much longer to roll over vs. now where after 3 mild down days it dropped like a rock. If the retracement rally continues I doubt it can get above 1430 spx. :bear:

http://stockcharts.com/c-sc/sc?s=$INDU&p=D&yr=3&mn=0&dy=0&i=t76988573125&r=5111.png

"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong

http://marketvisions.blogspot.com/

Back to top

#2 Frac_Man

Hank Wernicki M.A.

Traders-Talk User
1,458 posts

Posted 28 February 2007 - 07:59 PM

btw

that's the hourly chart for today

Hank

1929 initially took much longer to roll over vs. now where after 3 mild down days it dropped like a rock. If the retracement rally continues I doubt it can get above 1430 spx.

http://stockcharts.com/c-sc/sc?s=$INDU&p=D&yr=3&mn=0&dy=0&i=t76988573125&r=5111.png

http://www.elliottfractals.com

My Webpage

Back to top

#3 Russ

Member

Traders-Talk User
7,196 posts

Posted 28 February 2007 - 10:03 PM

The difference being that in '29 the bottom was after wiping out 90%, this thing is just starting.

"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong

http://marketvisions.blogspot.com/

Back to top

Back to Fearless Forecasters

1929 Dow Vs. 2007 Dow

#1 Russ

#2 Frac_Man

#3 Russ

Sign In