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porter

05/08/05 10:23 PM

#389422 RE: ajtj99 #389417

In 2002 it was -1164.

I would look here for a cross-over then another down move and then the real cross-over. We are talking about a 2 1/2 - 3 month time frame. That's been the pattern, twice in the past, for a bottom to be put in place.
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Zeev Hed

05/08/05 11:01 PM

#389430 RE: ajtj99 #389417

But that was followed by a one month run to August (by the way, a dow gambit month that paid off nicely in 2002), and then newer lows in October 2002.