XJO 0.00% 8,071.4 s&p/asx 200

depression is the next reality, page-70

  1. 17,444 Posts.
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    Scooter.

    A don't recall the origin of 670 as a meaningful number in SPI back in the '80's

    Probably Gazelle knows and I believe someone else reminded me once, but it was before my knowledge of numbers.

    I believe Bowden made much of it in his day.

    So when 1341 was a major low in Nov '92 we weren't surprised.

    In 2003 I had the day for the low as one leg or an Armstrong cycle (392 cal days from out 2002 high)) for March 13, the move down was one day out from an equal move down on the last correction and was one point out on 2680.

    Maybe I got lucky and maybe those numbers no longer work but till they don't I will watch them.

    As much as some believe fundamentals rule markets, there are too many arithmetic results that happen that convince me otherwise, but each to their own.
 
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