rabbitoh, by my calcs 7800 would equate to the 74 low percentage fall wise. However i believe the 74 correction is also related to the 1937 and 1906 corrections. they were a little deeper tha 1974 and would put the DOW at around 7300. That's the figure I have been boldly pushing....but a chart Voltaire put up yesterday has me all shakey. i now don't rule out 4000 for the DOW and 400 for the SPX......let's hope it doesn't come to that.
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