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Pastimes : The Philosophical Porch

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To: Rarebird who wrote (5584)4/13/2010 9:01:22 AM
From: westpacific  Read Replies (1) of 26251
 
Interesting; looking at a chart that mirrors my take on the market; this whole correction a big B wave with the C to come, targeting near or below the March 2009 lows. It fits the K Wave Superdome pattern containing within 6 Kitchin Cycles peaking up into the Dome on the 5th and now correcting down into the lows on the 6th.

That chart and mine projects into the 11000s for the high; my thinking no higher than 11200 area if not already there.

C low in a zigzag lower into early 2012 period; bounce to a D and then most likely some sort of retrace for the E.

Target of July 2003 lows or retest on this C.
7197 at minimum or below March 2009 lows. Bounce again to 11000 and then again back to retest those lows again to put in the C bottom...

Sideways bear with some really big swings!

Amazing exact fit with my model based on different perimeters! My model calls for a low at or below 4000 for the final low in this C series; but that could come on the second bounce down after the coming higher low.
6500
10500
3800 into low 4000 early 2012

See if I can get that chart posted here.

West
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