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Strategies & Market Trends : CFZ E-Wiggle Workspace
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To: robert b furman who wrote (4882)4/24/2006 9:18:21 AM
From: venividivici  Read Replies (1) of 41481
 
One 'typical' relationship is 1.618 times the i of 3. If the i was the QQQQ move from 41.39 to 42.86, that's ~3.5%, which would peg the iii at about ~5.8%. If the iii extends, it can go to 2.618 times the i. I don't know if we get that far, but I wouldn't want to be short here, until I saw a break below last week's low.
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