John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: The Ox who wrote (17864)

3/9/2016 5:10:54 AM

From: John Pitera

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3bar
roguedolphin

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Lot's of talk this morning about this being the 7th anniversary of cnbc's Mark Haines call of the start of the Bull Market and the Low price of the Great Financial Crisis...

My anniversary of the call was 2 days earlier on Saturday March 7th..... I sent out a few emails, although not to Haines.....

and I did make a mistake it was a .618 retracement of the 1987 low .....not the 1982 low.

Rick Zabel, (stoctrash) Joe Sekely my Dad and I were pretty sure it was a major low.

John

Message 25473946

To: Stoctrash who wrote (12090)	3/7/2009 8:34:16 AM
From: John P	Read Replies (2) of 17870

SPX long term chart with Fibonacci retracements....... notice that the SPX low has been within 2 points of SPX 664 which is the longer term .618 retracement from the 1982 lows. John <img src="http://ih.fotothing.com/82419.jpg"

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