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HardTimes
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I think this is still holding up quite well, I think I read too much into it before about a continuing drop but I think we may be at or near the top on the other side of the abyss. Mike, thank you again, and would love to see an update; none of my t…
C, yeah, it all fits nicely doesn't it? That's when I get nervous that I'm wrong of course. We obviously need to be very careful in the next few days.
Another thing you can see is that none of those short term bottoms had a flat day directly at the bottom. I tend to think this was a bear flag, because of a lot of short covering at the end of the day by traders who didn't want to hold them over the…
...or perhaps the rally starts Thursday, it would be easier to see with candlesticks. Although the similarity would be harder to demonstrate with candles...
Mike, thanks so much for the update!
dumbpainter, I agree that the Q's probably won't give up another 20 percent but consider this. This chart was never intended to provide a target, only show the wave form. Look at the green SPX line. It follows t…
> And ill see what I can do about posting this daily. Don't count on it though. I'll try.
That's great, thank you again, appreciate anything you have time for. :)
1. He's using 1937 because it fits the curve, take a look at the lower left, the '29-'31 period occurred according to this in 2000-2002...
2. Mike will have to answer this, I would make a guess that it's a log chart with scale adjusted?
I would al…
MktMike, do you have an update on this? Think we continue follow the pattern down the bloody waterfall?
Thanks for posting this, I have been showing as many people that will listen that they need to get their retirement money into money market or c…
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