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Nirvana

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Nirvana

Re: airedale88 post# 26677

Monday, 06/04/2007 7:43:21 PM

Monday, June 04, 2007 7:43:21 PM

Post# of 51875
Aire, current SPX comparison to '86 is eerie

Sept '85 - test of 200dma (July '06)
June '86 - Rally to New high (Feb '07)
July '86 - Sudden 2-3 wk breakdown (Feb-Mar '07)
Sept '86 - Recovery to new highs (June '07)

The current SPX recovery has way exceeded the sept '86 one that barely managed to get to previous highs.

Will what happened in the weeks of Sept '86 follow now? Murphy's law ... once someone has discovered this, it will break the pattern :)


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