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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Galirayo who wrote (195847)4/10/2009 6:13:17 PM
From: ajtj99Read Replies (1) of 306849
 
Look to the left side of that chart showing the 876 SPX pivot high just before the plunge into early March.

Start there and move left, and you'll see what we should expect over the next few weeks.

That takes care of yesterday's gap, and it may kill the one at 813 SPX as well, although 815 SPX may still remain a floor.

I'm looking for us to hit 875 SPX Tuesday afternoon, then drop into op-ex. We should tag 825 by next week Friday if the map I'm working off of is operative.
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