Patented Trend of DJIA / SPX since 2007 Crash

If you noticed the trend since 2007 till today, there Peak (upside) & Bottom (correction/crash) used to happen during Q4 - Q1. Both DJIA & SPX already up for >55% since Mac-2009, this acts as  another obvious indicator that a correction of 20%-40% could happen in cumulatively from now onwards till reach the bottom probably in Q1-2010.

 

 

October-2009 Snapshot

Date	Time (ET)	Statistic	For	Actual	Briefing Forecast	Market Expects	Prior
Oct 27	09:00 AM	Case-Shiller Home Price Index	Aug	-11.32%	-13.0%	-11.90%	-13.26%
Oct 27	10:00 AM	Consumer Confidence	Oct	47.7	52.6	53.5	53.4
Oct 28	08:30 AM	Durable Orders	Sep	1.0%	0.5%	1.0%	-2.6%
Oct 28	08:30 AM	Durable Orders ex Transportation	Sep	0.9%	0.1%	0.7%	-0.4%
Oct 28	10:00 AM	New Home Sales	Sep	402K	450K	440K	417K
Oct 28	10:30 AM	Crude Inventories	10/23	0.78M	NA	NA	1.31M
Oct 29	08:30 AM	Chain Deflator - Advance	Q3	0.8%	1.3%	1.4%	0.0%
Oct 29	08:30 AM	GDP - Advance	Q3	3.5%	2.5%	3.2%	-0.7%
Oct 29	08:30 AM	Initial Claims	10/24	530K	520K	525K	531K
Oct 29	08:30 AM	Continuing Claims	10/17	5797K	5890K	5905K	5945K
Oct 30	08:30 AM	Personal Income	Sep	0.0%	-0.2%	0.0%	0.1%
Oct 30	08:30 AM	Personal Spending	Sep	-0.5%	-0.7%	-0.5%	1.4%
Oct 30	08:30 AM	PCE Prices	Sep	-0.5%	-0.5%	-0.5%	-0.5%
Oct 30	08:30 AM	Core PCE Prices	Sep	0.1%	0.1%	0.2%	0.1%
Oct 30	08:30 AM	Employment Cost Index	Q3	0.4%	0.2%	0.4%	0.4%
Oct 30	09:45 AM	Chicago PMI	Oct	54.2	51.0	49.0	46.1
Oct 30	09:55 AM	Michigan Sentiment	Oct	70.6	70.3	70.0	69.4