Comments on: Dow, Nasdaq, VLE, and SPXEW Above 2002 Lows http://ptv-investing.com/blog/2008/11/21/dow-nasdaq-vle-spxew-above-2002-lows/ Stock Market Cycles, Gann Angles and Squares Mon, 15 Feb 2010 01:35:12 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: ray http://ptv-investing.com/blog/2008/11/21/dow-nasdaq-vle-spxew-above-2002-lows/#comment-3186 ray Fri, 21 Nov 2008 23:51:06 +0000 http://ptv-investing.com/blog/?p=1832#comment-3186 Serge, So did we start wave B of 5 of 3? Just making sure our counts match. Thanks Serge,

So did we start wave B of 5 of 3? Just making sure our counts match. Thanks

]]> By: ray http://ptv-investing.com/blog/2008/11/21/dow-nasdaq-vle-spxew-above-2002-lows/#comment-3185 ray Fri, 21 Nov 2008 23:49:31 +0000 http://ptv-investing.com/blog/?p=1832#comment-3185 Not sure where my tunnel vision lead me but I looked finally at NASDAQ long term 30+ years and that trendline from 1975 through early 2000s was broken. Next long term targets for that are the 1991 bottom at 330. Andy please look into this. Not sure where my tunnel vision lead me but I looked finally at NASDAQ long term 30+ years and that trendline from 1975 through early 2000s was broken. Next long term targets for that are the 1991 bottom at 330. Andy please look into this.

]]> By: ray http://ptv-investing.com/blog/2008/11/21/dow-nasdaq-vle-spxew-above-2002-lows/#comment-3180 ray Fri, 21 Nov 2008 19:42:42 +0000 http://ptv-investing.com/blog/?p=1832#comment-3180 Those 2002 lows for these might be acting like a magnet now. I have been expecting a rally since Tuesday, it is not happening yet even that I am stopped out of long positions. :) I figured I might be the last indicator but maybe not. internals mostly at where a rally would be expected now but BKX killing everything it seems like. This market might not see bottom till banks do first or so it seems so far. GS had 2 reversal days on huge volume .. did not matter .. back into new lows today and JP too. Those 2002 lows for these might be acting like a magnet now.

I have been expecting a rally since Tuesday, it is not happening yet even that I am stopped out of long positions. :) I figured I might be the last indicator but maybe not.

internals mostly at where a rally would be expected now but BKX killing everything it seems like. This market might not see bottom till banks do first or so it seems so far. GS had 2 reversal days on huge volume .. did not matter .. back into new lows today and JP too.

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