Hi Rob,
With respect to time & SPI - I see the low on 24/9/2001 was 2882 and 2882 days from then = 15/8/09.
That is also near enough to 20 cycles of 144.
Despite that and a multitude of other time & price pressures over the last little while this market is still showing strength so as you say - time has not absorbed price. It reminds me of the megaphone top through May to Oct 2007 but on a smaller scale. 3rd September has a big circle for me, followed by Mid October. Perhaps a repeat of the 1929 DOW top timing?
Also of interest to me is DOW Major top 14/1/2000 (which Prechter maintains is completion of Grand Super Cycle Wave 5) plus 500 weeks (3500 days) = 14/8/2009
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