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goodguy
Jul 27, 2017 3:08 AM

DOWI since the1920's: More food for thought. 

Dow Jones Industrial Average IndexDJ

Description

Center line of two long term channels at same location: our current price. Feedback welcome.
Comments
jeffreyjim
" I " like your post, thanks for posting this. ( Your chart ) "Very Nice"
" I " would like to give some feedback. In a very nice way. ( Just Some Food For Thought. )
#1a= "DOW" September 1929 high = 386.10 #1b = August 1921 low = 63.90 #1c = Total point gain = 322.20 ( Total % gain = 504.2254 % )
#2a = "DOW" September 1929 high = 386.10 #2b = July 1932 low = 40.56 #2c = Total point loss = 345.54 (The " DOW " Lost More Than It Gained.) ( Total % loss = 111.7381 % )
#3a = When our " DOW " today makes " THE BIG TOP " The Great Recovery High. Do you thank it will lose more than it gained? ( This Is The Big " ? " I Worry About. )
#3b = " I " think mathematically we have a 66.7% chance or better this will happen. ( By " 2022 " Plus Or Minus One Year. )
#3c = ( Min. downside target 61.8% Ret. + or - a little ) of the "Great Recession Recovery" 2009 low to the high. ( "DOW" Great Recession Low = 6469.95 )
#4a= "DOW" 1929 - 90 yr. Anniversary = 2019
#4b = "DOW" 1932 Depression Low - 90 yr. Anniversary = 2022

" We Had The Great Depression " " We Had The Great Recession " ( ? What In The " Hell " Are They Going To Call The Next One ? ) Only time will tell.

If this happens, I would like to give full credit to our ( Not All But Most ) ( State Governors - State Senators - Congressman - Congresswomen - Mayors - " ? " )
for working so good with each other "HA" "HA" to fix "AMERICA U.S.A." WE ARE BROKEN and we need to repair our country. "A.S.A.P." Time is running out.
I would also like to give credit to "A Few Million Other People." ( "US" THE AMERICAN PEOPLE FOR LETTING THIS HAPPEN. ) Not All But Most People. ( Min. 51% or more )
I am not telling you to buy or sell anything. "Please do your own homework."
I am just sharing my thoughts with you.

Thanks for listening,
One Eye Jim

goodguy
@jeffreyjim, thanks for you comment and observations. Very interesting. I agree with much of what you are implying politically. We are a nation spit between the doers and the takers. The "liberals" and most in the Federal government (both parties) believe in bigger central government with more control and regulation and taxes (fees) and spying on all of us: the opposite of made us great. Hopefully we working folks stop supporting all the liberal media with their lies and propaganda and take more action to return us to the rule of law. Don't know if you follow EWT. But IF correct my long term count (guess) inplies major sidesways action for decade or so with major ups and downs. I pray the downs aren't as bad as they could be.
jeffreyjim
@goodguy, " I " met Robert R. Prechter JR. when he was 27 yrs. old. At one of his classes. ( "He" was the teacher. ) " I " also met Larry Williiams, at one of his classes ( "He" was the teacher ) "I " met Larry in 1999-2000 approx. " I ' am very honored to have learned from both of them. " I " learned how to combine both of their work together. It is very powerfull. " I " started learning about Robert's work in my young 20's. " I " am 62 and aging as I write this. I hope your wave count is correct over my #1 count. (Your count is my #2 count. I can also could prove this.) At this time I like my count best. It would scare the s--- out of every one if I posted why. When I figured this out it blew me away. If it were not for Larry and Robert. I could not have figured this stuff out.
" Don't Forget The School of Hard Knocks " I am a big believer of "THE RULE OF ALTERNATION." and "CYCLES" and many other things.
goodguy
@jeffreyjim, I would love to see your #1 Count. Thanks for the feedback.
jeffreyjim
@jeffreyjim,
" AMERICA U.S.A. "
To see your future look through the windows of the past.
jeffreyjim
" PART TWO OF MY #1 WAVE COUNT "
Look at the " DOW " chart from the (1916 HIGH = 110.15)
To the (1921 LOW = 63.90)
Please compare this chart to " PART ONE " of my #1 wave count.
This chart looks like a (A-B-C Flat correction to me) What do you think?

" PART THREE OF MY #1 WAVE COUNT "
Look at the " DOW " from the (1921 LOW = 63.90)
To the (1932 LOW = 40.56) = "The Great Depression Low In The DOW"
The 1932 low took out the 1921 low.
" I " hope and pray this ( Does not happen to "US" AMERICA U.S.A.)
" THE GREAT RECESSION LOW TAKEN OUT " ( 2009 Low )

" PART FOUR OF MY #1 WAVE COUNT "
Look at the " DOW " from the (1921 LOW = 63.90)
To the (1929 HIGH = 386.10)
Compare September, 1927 to the September, 1929 High (THE TOP)
The start of the "GREAT DEPRESSION"
1927 plus 90 yrs. = 2017
" I " wonder how much life is left in "OUR DOW TODAY" (September, 2017) to ( ? )
"Only time will tell"
What do you think? How high will high be?
What do you think? How low will low be?
" I " am NOT asking or telling anyone to buy or sell anything.
This is for "EDUCATION" only.
"I" am just sharing my thoughts. (Please do your own homework)

"I" ONE EYE JIM (Will stop here.)



jeffreyjim
"Just some more food for thought" ("I" would love to have some feedback.)

"PART ONE OF MY #1 WAVE COUNT"
#1a = Look at the "DOW" chart from the January, 2000 high at 11,750.30 to the March, 2009 low at 6,470.00
#1b = Look at the "OEX" (SP100) chart from the March, 2000 high at 846.40 to the March, 2009 low at 317.37
#1c = Look at the "SPX" (SP500) chart from the January, 2000 high at 1552.87 to the March, 2009 low at 666.79

All three charts look like a (A-B-C Flat Correction to me) What do you think?
jeffreyjim
@jeffreyjim, One more thing, " I " only use ( line charts = about 10% of the time and ( bar charts - open - high - low - close = 90% of the time. )
jeffreyjim
"AMERICA U.S.A." will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves.

"ABRAHAM LINCOLN"
PKA
Look at consolidation ranges. It doesn't look bearish to me.
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