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some dow thoughts


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#1 gannman

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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
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#2 dcengr

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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 :wacko: 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.
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#3 gannman

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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
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#4 dcengr

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Posted 19 October 2007 - 04:59 PM

Da absolute 4 year cycle bottoms in 65 days...
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#5 gannman

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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
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#6 linrom1

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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 dcengr

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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..
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#8 Citation

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Posted 19 October 2007 - 06:29 PM

65 trading days or 65 calendar days?

#9 gannman

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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
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#10 Citation

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Posted 19 October 2007 - 06:50 PM

Thanks, Gan, so around X'mas.