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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts
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To: Jorj X Mckie who wrote (47074)7/27/2000 2:53:55 PM
From: Original Mad Dog  Read Replies (2) of 63513
 
For those who believe in 50 percent retracements of major moves, here's food for thought and hope: The Naz's last major move (counting intraday highs and lows) was from 3155 on May 24 to 4289 on July 17. A 50 percent retracement of that move would be to 3722. We have only 120 points, or about 3 percent, left to go before reaching that point.

I am not at all pessimistic about where this is heading.

I am also not guaranteeing anything. Still working on the claim form to submit to JXM.
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