October 9 and 10 Significance

M

MKTrader

I'm not a Gann or Fibonacci freak who makes too much of time/price symmetry and the like, but it is interesting...

October 10, 2002: Stocks hit a 5-year low, which now marks an 11-year bottom.

October 9, 2007: Stocks hit an all-time high

October 10, 2008: Stocks hit a 5-year low...
 
Quote from MKTrader:

I'm not a Gann or Fibonacci freak who makes too much of time/price symmetry and the like, but it is interesting...

October 10, 2002: Stocks hit a 5-year low, which now marks an 11-year bottom.

October 9, 2007: Stocks hit an all-time high

October 10, 2008: Stocks hit a 5-year low...
More...
October 9th, 2009: God SHORT's humans to a 2010 year low! :eek:

:D
 
Quote from MKTrader:

I'm not a Gann or Fibonacci freak who makes too much of time/price symmetry and the like, but it is interesting...

October 10, 2002: Stocks hit a 5-year low, which now marks an 11-year bottom.

October 9, 2007: Stocks hit an all-time high

October 10, 2008: Stocks hit a 5-year low...
More...
October 9, 2009: The last human on earth finally drives the first production ready 2010 Camaro off the assembly line! :eek:


:D
 
True, but the seasonal anomaly of an all-time high a year ago and clustering of the two days (9th and 10th) is a little strange.

Quote from Fractals 'R Us:

Yeah, October, the fund managers dump all the stuff that is going to mess up their annual report.
More...
 
Whats interesting is after the markets opened after sept 11, volume was 2.3 billion shares traded. Yesterday it was 11.4 billion shares traded, in fact all week there was more than 7 billion shares trading hands every day. I wonder if some giants like barclays decided to take up day trading with their 2 trillion dollars.
 
Quote from AMT4SWA:

October 9, 2009: The last human on earth finally drives the first production ready 2010 Camaro off the assembly line! :eek:


:D
More...

Assuming GM is still around by next year of course (If they are its because they get a bailout by taxpayers)
 
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