My only question is do we get to 1605 in Oct or Nov? Odds are it happens in November. From here a drop to 1530-1515 would set up the run to 1605 by Thanksgiving. Course if it goes on past 1605 by options exp this month then I have to rethink my entire wave analysis as my analysis is this top we are making at
C = A 1605 from the 2006 low is an irregular AB top for the entire history of America.
SPX-1605
Started by
LarryT
, Oct 05 2007 03:48 PM
2 replies to this topic
#1
LarryT
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#2
Darris
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Posted 05 October 2007 - 05:57 PM
Was 1507 enough for the bottom to get to 1605. We did not quite make it to 1490. Thanks.
#3
LarryT
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Posted 05 October 2007 - 06:34 PM
Was 1507 enough for the bottom to get to 1605. We did not quite make it to 1490. Thanks.
The 1490 area is still possible though not very probable after Fridays reaction to the jobs report. Monday starts a bullish cycle similar to the same set up we had on 9-10-07. We could be at 1605 next week and not be a surprise.
