do any of the other cycle junkies have friday may 29th as an important date ?? I know june 8th has been much bandied about but i can't recall anyone mentioning may 29th. There are some hits for the sat 30th and sun 31st but I guess we can bring that back to fri 29th. i have the following counts:
6/1/2009 high + 144days = sat 30th
10/10/2008 low + 233 days = sun 31st
19/5/2008 lower top + 377 days = sun 31st
2/5/2008 + 393 days (armstrong leg) = sat 30th
also dow low on 9/3/2009 = 6440 but close was 6547
sq root 6547 = 80.9
9/3/2009 + 81 days = fri 29th may
AND, dunno if I am allowed this one but
last armstrong turn 22/3/2009 + 61.8 weeks = fri 29th may
so why do I care about 29th of may ??
because opinion here is divided as which way the market heads from here. I said down. I said earlier in the week i thought yesterday would be a lower top along side the top of 17th april....i based that on todays new moon.
25/4/2009 + 34 days = fri may 29th
that fib number makes a case that yesterday was a turn date.
one more point. during this bear we have had 2 decent rallies that lasted 46 days. march 17th 2008 to may 2nd 2008 and nov 21st to jan 6. It was 46 days from 9/3/2009 to yesterday. now i will grant you if yesterday was a top it was indeed a lower top to the 17th april BUT, as san felipe pointed out to me this morning the FTSE made a new high so perhaps i can argue that the 46 day rally completed yesterday.
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