XJO 0.70% 8,269.8 s&p/asx 200

chewy tuesday, page-3

  1. 17,444 Posts.
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    Ninelives at al.

    I while back we were talking abouut 224/72 day sequences because of an Armstrong article.

    At the stage 9lives pointed out it was 224 days from the May 08 top to a possible top around Dec 29 expected by Laundry.

    Well the top came in a week late, but looking futher back on the 224 cal days (about 7.5 months) you get pretty close to the US Oct 2007 all time high and before that the Feb 2007 top before the "Shanghai Slump".

    So it may be worth watching about Mid August 2009 if the market has been rallying at that stage.
 
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