Jim?s Mailbox


Published: August 10, 2009 by RssFeed
View the original post at jsmineset.com...
August 10, 2009 12:07 PM

Comparison of 1974 & 2009
by Eric 8/10/19

“Time is more important than price; when time is up price will reverse.”  W.D. Gann

A comparison of the 1974 & 2009 bottom:

1973-1974 Decline 22 months, (50%)
2007-2009 Decline 18 months, (58%)

Recovery

1975 Advance, 10 months, 53%
2009 Advance, 10 months, 53% projects SPX = 1020
Fibonacci resistance 1014.

SPX current at 1010.

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