...bugger 9L...beat me to it ......its not often you get the chance to point out something to a guru like treggs....
9L....like your chart (and have done for some time now) ....simplicity is the key...just extending out the bottom trendline to 20th April I get 6048 on the DOW.
..that fits nicely with my Big “M” theory of back to 606 on the S&P on the 20th April….
That’s based on the theory that the 02/12/02 (these are s&p) was an important inflection/reflection point at 954 .....in the creation of the big "M" one start point of the M could be 16/7/96 which was the day it bounced off 606 and started its upward journey......2330 days to middle point 02/12/02....2330 more days to 19/4/09 (Sunday)...full retrace to 606.....
….whats the potential trigger? Theres mounting pressure on Obama to let one of these corporations go to the wall……even today I see he’s having to talk about executive bonuses to AIG…..and another poll today saying that most US citizens don’t like the hand outs….one third are downright “angry”
- Forums
- ASX - By Stock
- XJO
- tuesday's turn
tuesday's turn, page-39
-
- There are more pages in this discussion • 125 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
8,221.5 |
Change
10.200(0.12%) |
Mkt cap ! n/a |
Open | High | Low |
8,211.3 | 8,226.5 | 8,199.7 |
Featured News
XJO (ASX) Chart |