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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject3/26/2001 12:28:52 PM
From: besttrader   of 37746
 
Looks like the heathens may take us to Fib 50%. Here are the numbers folks:

spx 38% fib retrace complete at 1155 - next target is 50% at 1176
sp01m 38% fib retrace just completed at 1168.41 and 50% will be at 1189
dow 38% fib retrace not complete until 9821, 50% at 10,017
compx 38% fib retrace not complete until 1967, 50% at 2018

I think today's volume is not convincing...probably they'll try to push this to a 50% retrace...
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