on the charts whats the next stop for xjo, page-26

  1. 17,444 Posts.
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    Jaolsa

    Can't sleep as numbers spinning in my head so need to check with you.

    Did you have a low for somewhere around June 25th?

    155 cal days is a pyramid number and works before crashes and at other times and did last year.

    From the US 14/03/07 low it was 155 cal days to the 16/08/07 low which was a potential crash day.

    From there if we keep adding 155 cal days we get 18/01/08 21/06/08 and 24/11/08 but Jan came in 4 days late on 22/01/08.

    If we adjust from Jan then we get 25/06/08 (which is why I am interested in where your date comes from) and then 28/11/08.

    Now, here is what gets me excited.

    Our 2002/20003 local bear market was 392 cal days which is exactly 1 leg or 1/8th of Armstrong's model.

    392 cal days from the 1/11/2007 top here is 28/11/08.

    Oct/Nov was and is a potential time for a local low so just maybe 28/11/08 is an important day.

    Since 21/06/08 is a Sat, it will be interesting to see whether 20-23/06/08 or 24/06/08 is significant. If it is then Nov is in play.
 
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