Tuesday, March 17, 2009

Key dates to watch ...

Mike Swanson, of Wall Street Window, speculates that one or both of these dates may cause the market to gap up, and consequently cause the market to top. Then the market turns down.
April 2 - mark-to-market vote by FASB
April 8 - uptick rule vote by SEC

If you check a few posts back, I came up with approximately the same dates, but I think these will be potential bottoming dates rather then topping dates...

To save you trouble of looking, here are the previous posts:


http://marketmathematics.blogspot.com/2009/02/spx-charts.html#links


http://marketmathematics.blogspot.com/2009/03/latest-ndx-charts.html#links


If you check these previous posts, you'll see that I came up with April 1st and 7th, one day earlier then each of his....essentially the same targets...

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