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