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To: LTK007 who wrote (229046)11/16/2009 3:45:18 PM
From: ggershRespond to of 306849
 
SPX @ 1108 Max???? I will check it out though, chatrs not available til tonite.

Thanks! ggersh =)



To: LTK007 who wrote (229046)11/16/2009 4:00:36 PM
From: LTK007Read Replies (1) | Respond to of 306849
 
i was talking in the past tense gg:)----i said in August 2008, that if SPX broke 1137, it would then collapse which it did do.
It had a massive rally immediately to 1215, and then a total collapse.
We are now on the RETURN trip to that critical area, so we are coming face to face where where this market had a WATERFALL collapse in August 2008.
And on top of that this is where the 200ema be.



To: LTK007 who wrote (229046)11/16/2009 5:49:45 PM
From: BonefishRespond to of 306849
 
'Since i posted the 1137 number to you i went and checked the SPX weekly.
It's 200ema is now 1135.75.
IOWs we are coming up on a Bigtime TA point, the SPX 200ema weekly level.'

______________________________

Where are you getting your data? I have the 200 period exponential moving average of the SP-500 weekly at 1146.94. DOW Industrials at 10,447.01.

This is running it on a data set that goes back to 1980 so there is no tail end effect. Neither were reached today. Close though.

I'm not sure how exact you are trying to be.