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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: pogohere who wrote (151422)3/21/2009 3:46:57 PM
From: siempre33  Respond to of 313127
 
Armstrong calculation....guess we're splitting hairs here...
your calc is correct, however if the .3 was intended to be
.309583 [.31] the Apr.23 date is valid.....don't know for sure if that is what was meant....



To: pogohere who wrote (151422)3/21/2009 6:43:17 PM
From: SwampDogg1 Recommendation  Read Replies (1) | Respond to of 313127
 
That is the correct date
It is important that this is a "confidence" model and does not always jive with the actual market. It would be the time when one could look for a high in consumer and market confidence which if this market continues to rally may actually be possible. The general market looks to be just pulling back here and a rally to the $spx 900-1000 does look possible into mid April. If it happens it would as good a short as mid 2008