XJO 0.88% 7,959.3 s&p/asx 200

something to think about for monday, page-34

  1. 17,444 Posts.
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    A few other thoughts.

    Yes March 23 is a key Armstrong date and will also be 8 years less one day from the 2000 SP500 high and close to equinox. Round numbers don't work! The US bull market was 5 years and 1 day.

    But also worth noting is the 155 cal day factor, a number common in the markets and Pyramid based apparantly. You can see it in 1987 and other times and is usually a factor in crashes.

    The US had a low on March 14 2007 (and Mar 14 2003) which ended the Shanghai slump, 155 days later we had the August mini crash bottom Aug 16, 155 cal days later was Jan 18 but the low wasn't till the next trading day or two.

    The US high was Oct 11 and 155 cal days will give March 14 2008.

    March 10 is I believe the all time Nasdaq high and March 14 the 2003 low. It is also 8 months (240 degrees)from the July 2007 tops.

    So I would watch around both March 14 and 23 as key times.
 
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