Yesterday was the last day I allowed for
the 1929-1987 Spiral Calendar analog I first posted September 25. People more
familiar with SC have told me that I needed to allow more than +- 1 trading day
but my thought is the enduring powerful longer term waves are more accurate
than the more recent, still chaotic waves. I can easily rationalize last
night’s after hours trading as the hurdle to invalidate this analog:
http://www.screencast.com/users/Virginia_Jim/folders/Jing/media/00358707-3934-4995-b429-487e8a85171f
Highs that exceed the tracking stocks last
evening highs would indicate to me, perhaps not to others, the analog is not
reliable.
[It should be noted that the SC was
developed in relation to DJIA and I've been including the other indices.]
Jim