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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: augieboo who wrote (5293)	8/17/2002 1:47:54 PM
From: 16yearcycle	Read Replies (1) \| Respond to of 30712

do you see a w? or a first v, a drop to a low significantly higher than the summer 32 low, and then another v, with just as sharp an upleg as the first? That's what is there. The first leg down is a clear v and correlates 87% with now. The 2nd leg is more like a reverse L, from a higher low. mrci.com If we want a perfect correlation, the sp would run to 1100 in 2 months, then drop back down to around here, and then rally to 1500.(I know, the sp will see 1500 in about 2050, but I am just looking at this map) It still makes this a good time to enter, or on any weakness. I mean you realize the low was in summer of 32 not spring 33, right?