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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Travis_Bickle who wrote (95785)11/28/2007 3:48:37 PM
From: Les HRespond to of 306849
 
Similar topic discussed here

ttheory.com

It looks like the SPX is forming a third shoulder on the right side of the topping pattern since August and may go as high as the matching peak on the left side made on August 27 (1479). If both sides of the HS pattern take the same length of time to develop, I believe it measures about 40 days in duration from the top to the bottom.



To: Travis_Bickle who wrote (95785)11/28/2007 5:26:33 PM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
>>I would add one item to Mike's comments: The wild swings in the markets, +/- 2%, with violent up 200 or 300 point days don't typically come in healthy Bull markets -- these spasms are symbolic of Bear markets<<

I agree, and added some SRS (got a stink bid hit at 97.20) near the close to bookend my SKF....


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