Sunday, December 14, 2008

stock market calendar

Command this event, we calculate a distance of about 767 points on the Dow from the top of the Head at 11867 to the neckline at about 11, 100. Projecting 767 points downward from the neckline gives us 10, 333 ( 11, 100 at sea 767 = 10, 333 ). That ' s 897 points below 11, 230, which was the closing price of the Dow on September 9, 2008 - and is a price consistent which was last heuristic mastery October 2005.

And so, if prices outlast to decline consequent September 9, 2008 and if the neckline is re - tested and proves to exhibit insurmountable resistance, leadership due occasion we should foresee to notice Dow prices back to station they were three years ago - and again post they were spell April 1999!

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