Euterpe1, I don't know where the S & P 500 will finally see it's low however my indicators say the closing low (for the S & P 500) will occur on December 20, 2007 and then the market will rally (on balance) into early February before it sinks again. I already have a "Change of Direction Point" signal for September 13, 2008 but exactly where the low between the early February high and the Septemeber 13th high is going to be, I'm not sure but I'd guess late March.
We Will Know In The Fullness Of Time
Jim
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