Adjusting the Big Picture

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My October 18, 2008 sketch of the market's future – which came to me in an inspired (OK, the only inspired) moment – is something I refer to from time to time.

One thing I've puzzled over is how to reconcile the projected low of 711.50 with the actual low of 666.79 – – if you divide the latter by the former, you get 0.93716092761770906535488404778637.

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What if you take this coefficient and apply it to my projected high of 1152? You get 1079.60. What was today's high? 1080.15, a mere fifty-five hundredths above.

I'm not sure if this means anything, but I thought it was interesting.