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03/31/09 7:26 PM

#143636 RE: ajtj99 #143635

thanks aj. <<<ultimate intra-day low will be 33% below today's close on the SPX.>>
That prediction gets no dispute from me, considering the global economic 'issues' on the table.
Celente 's Trends Journal seems to concur.

Funny, a Bloomberg guest this afternoon, made an eerily similar call. THe interviewer pert near had a fit, lol!!!
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jdaasoc

03/31/09 8:22 PM

#143637 RE: ajtj99 #143635

Well it's starting right now perhaps Futures weak

Month Last Change Prior
Settle Open High Low Volume Updated
Jun 2009
783.50 -11.25 794.75 790.50 791.50 781.75 36332 7:08:28 PM CST

It looks like to me trading down 4% since 3PM.

I would expect by Thursday G20 summit news should generate a bounce above 800.
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Chrisalias

04/01/09 7:24 PM

#143736 RE: ajtj99 #143635

<<I believe the ultimate intra-day low will be 33% below today's close on the SPX.>>

In this scenario how far do you think the $NDX would drop?...25% or the full 33%?