tuesday continues relief rally or not, page-17

Just thinking out aloud here.

assume this crash is similar to 1937 and that Voltaire's Armstrong 392 days by Nov 6th ultimate low is correct. Assume we are seeing a continuation triangle forming on the DOW. The point appears, in rough terms to be around 9k.

Now trying to use some sort of measurement rule....if in rough terms we have a pole down from around 11.5k where the DOW was last consolidating we have a drop of 2.5k to the point of the triangle. Project that downwards could we see an ultimate low of around 6500 on the 6th November.

We would need a number of trading days to play out the final crash (say 6 to 9) which brings us back to late October (isn't the 27th a date mentioned here a bit ??). It is now the 21st.

So Madam 9 lives stares into his crystal ball and predicts that this triangle will take exactly one more week to form. The the final crash begins and the ultimate low of 6500 on the DOW is reached on the 6th November 2008.

End of bear market