Stock Market Highlight #22

Importance of "Astro Points" to important stock market turning points once again demonstrated.

(COMMENT # 715)

 

UPDATED 19980929

COMMENT 1998-715

1. The chart shows daily December S&P prices.

2. The up and down arrows show all but one of the "A & P" turning points projected on page 398 of "The 1998 $upertrader's Almanac - 2nd Half Edition" since the 980901 low.

3. COMMENT # 633 written the very day of the 980901 low discussed the likelihood that the stock market correction which began the day of this low would end on one of the "A & P" point projections.

4. As you can see in the chart, the "A & P" points did not ALIGN with all turns since the 980901 low or with the 980923 high, but they were pretty close.

5. Just another example of why it is ALWAYS important to be aware of the upcoming dates of these listings relative to the position of the stock and other markets.

980929 graph2.gif (4313 bytes)

 

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