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Strategies & Market Trends : The Player's Club

SPY 683.63

-0.3%

Dec 8 4:00 PM EST

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To: John Pitera who wrote (1460)	11/23/1999 2:34:00 PM
From: GROUND ZERO™	Read Replies (1) of 11513

>>I notice that the decline which started at 3:30 yesterday and ended at 10:30 today, has been followed by an upward correction in time that was 1.618 * the time period of the decline. If we go on to make a new low today, or even a retest of the old low, it will be a nice application of using fib time periods.<< Excellent observation!!! Time is so ignored these days when timing the markets... keep tinkering with time and fib, I think you might even be on to something.....<g> GZ

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