Dow 6700 and S&P 700

今天震卦开始有动作了。种子开始生根发芽了。一定要注意到，种子是先向下生根然后向上发芽的。如果种子开始生根发芽了，它破土露青的日子还会远吗？七日后它还要在阳光下茁壮成长。这就是为何易经有：震，亨。

Today both the Dow and S&P 500 reached 12-year lows. S&P 500 is at 701 while DJIA is at 6,763.

These two indices reached their respective all time high at 1,564.74 and 14,279.96 around mid-October 2007.

This bear-market downfall has already exceeded the 50% mark. The next stop would be around 1-0.618. Their respective index values could reach 600 for S&P and 5,500 for the Dow.

In other words, there is only about 1/7 to 1/6 potential falling spaces left. The question now is when the market will start to rise after that.

I-Ching says that it will return in 7 days. Let's think about the 7.

On April 14, 1997, the Dow was 6,315.84 while the S&P was 733.54. Today the S&P already broke that record low. The Dow still has 400 more points to fall in order to break that low.

Let's assume 4/14/1997 was the magic date for the counting of 7. The two cycles (the tech-bubble and the financial bubble) will take 2x7 or 14 years. So this bear market will not turn back until 4/14/2011.

If you add 7 years to that date, the next peak market will not come until 4/14/2018. That is still 9 years into the future. That would be a wonderful 9 years.