wonderful wednesday, page-63

hardball.....do you really think we'll go below 4772?

as per some of my earlier posts, i thought my trendline from the 2003 lows would hold and by early/mid march, that would put us at about 5260-70. if we had a panic move, i thought we may fall to around 4790 at worst - which is also 288 moving average on the weekly and that caught the spx low in january. 4790 would also be an almost complete correction of the parabolic move that the xjo started in 2005 and was partially corrected in 2006.

just interested in your thoughts on what comes next after 4772?