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SteveO

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Re: ajtj99 post# 36420

Saturday, 11/13/2004 10:59:13 AM

Saturday, November 13, 2004 10:59:13 AM

Post# of 148479
This lines up very well with the correlation with 1936-37 that you mentioned a while back. The correlation is back to 93%

http://www.mrci.com/special/wspi36.asp

This supports a pullback from here to 1150 (1130 is about half of the white soldiers pattern). If you then looks forward to 1937, you will see that Jan/Feb broke out to new highs, somehwhere around that 1231 target.

Then, look at the rest of 1937. The bulls are hoping that the correlation will end in early March as the rest of the year dumps to retest the lows.


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