Of interest
Started by
eminimee
, Jul 28 2007 05:13 PM
2 replies to this topic
#1
Posted 28 July 2007 - 05:13 PM
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Paths are no indication of time.
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#2
Posted 28 July 2007 - 09:33 PM
Thanks Tea that S&P chart with the the failure to go to new highs followed by a decline to approx the March lows is my prefered scenario.
#3
Posted 29 July 2007 - 07:18 AM
If you want to compare now and then...things look very similar to this point.........but could have a very different outcome......what if we haven't had that blow off yet?...Using the 2006 low as an X wave low and the C=A is based on the A wave up from that point. If you saw my FXI count....it fits.....and would hint at a global correction coming in the fall.
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&st=1984-01-01&en=1988-06-01&i=p45390742456&a=89026848&r=9557.png
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=3&mn=3&dy=0&i=p42280938064&a=99607782&r=4020.png
http://stockcharts.c...6258&r=8937.png
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&st=1984-01-01&en=1988-06-01&i=p45390742456&a=89026848&r=9557.png
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=3&mn=3&dy=0&i=p42280938064&a=99607782&r=4020.png
http://stockcharts.c...6258&r=8937.png
Edited by Teaparty, 29 July 2007 - 07:22 AM.