some dow thoughts
Started by
gannman
, Oct 19 2007 04:32 PM
10 replies to this topic
#1
Posted 19 October 2007 - 04:32 PM
on the dow i think we get down to at least 13100 before we get some kind of bounce.
its not over then but i think well find support at that level fwiw
gann
feeling mellow with the yellow metal
#2
Posted 19 October 2007 - 04:43 PM
FWIW, that fractal I'm tracking says bottom in 65ish days now.. at Dow... gasp 11,000 ish
Ya I'm very skeptical of that, so I'll just watch my usual sentiment oscillators to make sure I unload a lot when things get too bearish.
Qui custodiet ipsos custodes?
#3
Posted 19 October 2007 - 04:52 PM
hi dceg
65 days meaning u have a bottom comming innow or 65 days from now?
thanks for the help
gann
feeling mellow with the yellow metal
#4
Posted 19 October 2007 - 04:59 PM
Da absolute 4 year cycle bottoms in 65 days...
Qui custodiet ipsos custodes?
#5
Posted 19 October 2007 - 05:05 PM
Da absolute 4 year cycle bottoms in 65 days...
got it and i could see that level u mentioned
thanks
feeling mellow with the yellow metal
#6
Posted 19 October 2007 - 05:13 PM
Da absolute 4 year cycle bottoms in 65 days...
That was my original thinking based on the election next year until today's panic decline.
BTW, your fractal would be equivalent to a CRASH of almost 30%.
#7
Posted 19 October 2007 - 05:28 PM
Da absolute 4 year cycle bottoms in 65 days...
That was my original thinking based on the election next year until today's panic decline.
BTW, your fractal would be equivalent to a CRASH of almost 30%.
I didn't mean 11,000 exactly... somewhere below 12,000 is what I meant. I'm looking for 20-25% hair cut, much like the average 4 year cycle lows..
Qui custodiet ipsos custodes?
#8
Posted 19 October 2007 - 06:29 PM
65 trading days or 65 calendar days?
#9
Posted 19 October 2007 - 06:39 PM
citation
i think most of the stuff is pointing to late december so looks like 65 calendar days i would
think dceg has to validate that but the bradley has late dec low fwiw
regards
gann
feeling mellow with the yellow metal
#10
Posted 19 October 2007 - 06:50 PM
Thanks, Gan, so around X'mas.