friday trading, page-82

Great posts this weekend. Thank you all.
Here's my contribution.
As they say... One good turn deserves another and it's a good time for a turn. Whether it happens is another question entirely. I lean towards the lower or DT scenario with very strong dates through to mid November.
S&P500
Friday was 687 days from the Oct07 top - 1 Mars orbit :) 5 cycles back you hit the 2000 top. 10 cycles back is the 1990 low of 296 on 11/10/1990 - everyone's favourite and 19 years.
1982 low to 1997 low was 743 points. 1997 low to 2007 top was 743 points.
1990 low 296 + 743 points = 1039 and 50% = 667.5
2007 top 1587 to 1039 = 548 or 365x1.5
Top on 1/9/2000 to 2/9/2009 = 548x6
Cheers