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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: UnBelievable who wrote (19739)9/20/2000 11:26:03 AM
From: bill meehan  Read Replies (1) of 436258
 
UB, note that Monday's low was at/near a 76.4% retracement of the early Aug to early Sept move and this morning's high was at/near the 50% retracement area. Looks to me that when 3,700 is retested it will fail. From what I can see there just aren't that many folks short.
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