Replies to post #16708 on Zeev's Turnips Patch-No Politics (ZEEV)

[ajtj99]

Either way, after looking at things tonight, I've concluded Nov. 7 is either going to be the COMP low around 1000 or a re-test of that same low from a week earlier. Pivot lows at COMP 1250 and 1200 prior to Sept. and Oct. expiration bouces. This is according to the re-trace theory (read the chart backwards for a roadmap into the future).

http://stockcharts.com/def/servlet/SC.web?c=$compq,uu[h,a]daclyiay[d19960902,19970318][pb9!b13!b20!h...

While you laugh, you may want to know that this chart method has correlated all the action from the past year nearly perfectly.

It operates on the theory that bubbles re-trace in a bell curve.