thursday 4800? , page-16

Thommo

I think both Laundry and Ferrera's dates have been great, and consideration needs to be made that each allows some tolerance.

With Laundry the concentration is on top dates and he specified Oct 15th was great here and I mentioned a small T that gave Oct 21 which was significant. Yes the Dow and now SPX are above that but many indices aren't.

By the way Laundry still hasn't conceded that the low is in yet. Still remains to be seen.

As for Ferrera, his dates are determined even before the year starts so once again a bit of tolerance. His March low was a few days out and his June top and July low were pretty good. His Oct top of either Oct 7 or 12 was not too bad. His Nov 8 low looks pretty good now and now we see whether his Dec 6 top works.

If Ferrera is correct then from Dec 6ish (allow a few trading days) then we will see 6 months downside. That will allow for a rally into March of maybe a month.