question to voltaire, page-2

noomxx

Not an easy question to answer.

Yes there were key levels but in different ways.

The 1987 lows were 50% of the all time highs basis the XJO/XAO as it fell from 2312 to 1149. It was also about 61.8% (Fib) of the 1982 low to 1987 high of 1157.

2003 fell only about 25% but was exactly to the day on 392 days or an Armstrong leg and also 2X1884 days or the time between the 1987 high and the 1992 low added on. It was also 1 pt below the 670 or 1340 multiple at 2680 and 1 pt above the last rally measured down an equal amount at 2678.

So nothing works exactly the same way twice in a row IMO.

Maybe when the bottom comes,a few will see it before but I bet in hindsight we will find so many indications many will be kicking themselves.

And maybe I am wrong!