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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 690.310.0%Dec 26 4:00 PM EST

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To: Grandk who wrote (47448)4/20/2000 4:24:00 PM
From: Death Sphincter  Read Replies (1) of 99985
 
the window of which you speak occurred as an island gap between 10/27/99 and 10/29/99. the bottom of this gap is at 2812.
The GREAT WAVE began 10/08/98 at 1357 and ran up to 5132
for a total of 3775 points. a 61.8% FIB retracemant of 3775 equals 2333 points. 5132-2333= 2799, right smack into and filling that gap. Coincidence???????? not to me

el stinko
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