Friday, January 01, 2010
Heres some MATH to Think about
Dow high = 14,280 -Oct 10,2007
Dow low =6440 - Mar 9- 2009
total loss = 7840 = 55%
FIBo on the button
Turn it around
55% of 7840 = 4312
6440 + 4312 = 10,752
Weve been creeping our way up the ladder and the difference between
10,580 and 10,750 is a quite narrow margin
THIS IS JUST SUPPOSITION so dont
throw it back in my face.
IF Jan 22 becomes the HIGH
from high to low took 18 months
from low to high would = 9 months
Any set back would NOW be limited to a fibo relationship allowing the above to occur within the established uptrend.
support have been strong at 10,200
since Nov 13 and it will probably hod again given the above scenario.
SO, we are POSSIBLY looking at my graph & C0ORDINATING the above data indicating a low on the 7th at the support area of 10,200 - 10,250, and a high on Jan 22 at 10,750
From there, I am expecting a sell off as previously mentioned to April 6th in increments.
April 6 = 13 months from March 6.
thats 288 days = 144 X 2
THE FIRST 144 ended on the OCT2nd
One more point using time
March 9 to Jan 22 = 222 days
222/288 = 78%
April 3rd & 5th ALSO has 2 MARS squares
1 to Venus and other to Merc