So what would you give for a price  indicator that showed the  turning point low of each signficant move? One of our favourite indicators (and this is why it is one of our favourites) gave us fanstatic price levels where the falls would end. I am not suggesting that it was tick perfect but in markets where we have seen combined swings of nearly 5,000 Dow points in one day (using a 15 minute chart to measure the moves), this has been spectacular. On Friday October 10th 2008 the Dow was expected to open down 400 points. Within minutes it was down almost 700. Our indicator, which was calculated before the cash market opened, said that any test in the first 30 minutes should find strong support on the futures market at 7864. The previous day this indicator had been tested 3 times and it was only out by a maximum of 12 points on each occasion. This was on a day when we had a 929 point range. Just think about that for a moment. A forecast with a tiny error of just 12 points on a move of over 900 points. Now, what would happen on this panic opening? The cash and futures market crashed lower and lower, second by second. Down 400, Down 450, Down 500, Down 600, Down nearly 700 points (even more on the futures). And then suddenly it stopped and the market bounced and bounced very hard.   50 points up from the low, 100 points, 200 points, 500 points..... 800 points....inside 35 minutes. Our indicator said a low should come very close to 7864. The actual futures low was 7878, just 14 points away from the start of an 800 point - 35 minute rally. These incredibly accurate forecasts are not luck and at my workshop I will explain exactly why. I have something very special to offer you - Please don't miss out  
The Dow - Picking the Lows on the 2009 Crash The Dow down 300, 500 and even 700 points in One Day       
Malcolm Blazey F.S.T.A. C.F.Te.
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