Looks like it is about where the measured move is suppose to take us. Seen lots of gurus stating 1406 to 1430 as tops. Must be nice to get paid for making such broad predictions. LOL
hi 2bit.. ..very nice methodology..simpler than most.. FWIW..Barron's 2.4.08 issue had a major analyst saying if Jan is the first month of recession then the SP500 has never bottomed in the 1st month of recession..looking out for lower lows..