SPX LT

10/17/08 Consolidating symmetrical triangle formation.

Nuclear Financial War ~ as bad as nuclear war killing many innocent people, financially. Nuclear evil war super money power against many.

New Record on October 13, 2008 Dow Logs Biggest One-Day Point Gain Ever, 936

For HISTORY BOOK: 10/10/2008 LT SPX & VIX ~ financial market cycle using liquidity supply/freeze (post #11749)

SPX 899.22 after reversing from 839.80 with the downside weekly momentum which we have not seen in financial history with VIX breakout to 76.94.

Financial markets are LT pivotal supports as also noted on China SSEC & US SPX comments. Obvious LT bear market wave formation is the Big A-B-C which is a big megaphone formation from Oct 2002 (A) ~> Oct 2007 (B) ~> now (C) and the ultimate bottom is depending on how well the administration works out the credit problems. Of course, as commented before this is a part of LT plan of boom and bust liquidity manipulation with a purpose of wealth transfer. The worst bearish SPX target for the "C" wave is breaking below the Oct 2002 low 700 to near 600 with full recession to depression.

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