Crash ahead?

Crash ahead?  First of all, the 635 TD Cycle ( click on chart to enlarge) suggests an intermediate bottom was made on 5/6/10. Of course we could see a retest of the recent Low.

 

The following research below, I first did right after the 5/6 Crash (and posted to subs) says that a Crash after the 5/6/10 Crash is highly unlikely.

Historically, the 5/06/10 Crash week was a rare event. We have not seen this kind of large Price decline since the 10/10/08 week, almost 1 ½ years ago and before that the 9/21/01 week and 4/14/00 Crash week, more than a Decade ago!

Previous comparable Crash weeks:

1. 10/20/87 Crash week had a   66.23 SP range, 23% decline

1. 04/14/00 Crash week had a 187.79 SP range, 12% decline

2. 09/21/01 Crash week had a 145.00 SP range, 13% decline

3. 10/10/08 Crash week had a 257.76 SP range, 23% decline

4. 05/06/10 Crash week had a 139.34 SP range, 12% decline

Here is some interesting statistics, 1^st mentioned on the evening of 5/6/10:

4/14/00 Crash week, 9/21/01 crash week and 5/6/10 Crash week all saw a 12% decline and:

04/14/00L – 09/21/01L =   525 CD = 75 weeks = 2.618 X 200 CD = 523.6

04/14/00L – 03/12/03L = 1062 CD = 2.02 X 525 CD = 03/12/03 Major Low

04/14/00L – 08/13/04L = 1582 CD = 3.01 X 525 CD = 08/13/04 Major Low

04/14/00L – 11/21/08L = 3143 CD = 5.99 X 525 CD = 11/21/08 Major Low

04/14/00L – 05/06/10L = 3674 CD = 7.00 X 525 CD!  ie exactly 7 times the 4/24/00 Crash Low -9/21/01 Crash Low = the 5/6/10 Crash Low! This perfection suggests the Low is already in on 5/6th crash decline Low.  (Note: We have seen a strong rally ever since)