3/23/09After a fresh break for me, I am in the process to regain the movement of recent market action. However, I under-estimate this rebound strength and had said this is not an intermediate bottom on 3/6/09. It seems I am wrong. Anyway, if 3/6/09 the S&P index 666 is this intermediate term bottom, I propose above charts to look in the co-relation about last market crash to current one on S&P index. It is very clear to understand current market is repeating the same as last bear market movement in exact timing. It is because I am starting to add on Gann's theory into my studies. Gann's is one of the greatest stock forecaster in last century. His amazing skills of technical analysis is in whole new territory. He can even forecast the exact upward or downward degree movement and the date/time of such in detail grahical explantion. We will see if we have 6 months rebound then resume our primary downtrend.
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