Saturday, December 27, 2008

DOW symmetry with 1937

The upper chart is the current DOW with potential timing projections based on  symmetry with the 1937 DOW chart below. If the symmety holds, there should be a top around Jan 5th or 6th, 2009 and a swing low around Feb 17, 2009 (+ or - a couple days)  - presumably it will be lower than the Nov 2008 low.  

Both of these dates have multiple time squares and fib timing lining up with them. So, whether or not this symmetry idea works, the Jan and Feb dates should each mark some kind of turn in the market.