SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sun-tzu who wrote (74)2/1/2003 8:23:07 AM
From: sun-tzu  Read Replies (2) of 11447
 
something just occurred to me...

the cognitive map mirroring 69-70 on the SPX seems to have an even better correlation if you shift the current $SPX chart 2 months to the right and perform the same overlay.

mrci.com

if anyone has the ability to chart that it would greatly appreciated. conceptually, i can make sense of the current left translation as compared to 69-70. the ferocity of the current bear imho is far greater than what was seen closing out the 60's. therefore, a left translation would not be out of the realm of possibilities.

if this is correct, and the correlation continues to hold, we have some very serious declines ahead of us in short order. from my ewave counts, this makes complete sense.

jmho
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext