more gann45 hocus pocus, page-5

Evening all..hope you all had a grand Christmas day...I know I did.

the DOW, without getting too fancy, looks set for another measured move down.....we had consolidation post july 15 and support at 4x the 1987 high (10,890) and then the drastic move down in October....then another consolidation and support at 3x the 1987 high (8,167). The good ol' fashioned simple ol' measurement rule suggests now another move is imminent of equal proportion that would take us down to 2x the 1987 high or 5445.......this, coincidentally, also will represent (as I have previously mentioned) a 61.8% fall from the 2007 top.....

I will eat my hat if we aren't there by January 21st.....but I'm loving all the contradicting views and opinions.

Here's hoping for a good rally after that.....