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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: ajtj99 who wrote (5336)11/13/2001 6:51:46 PM
From: Sully-  Read Replies (1) of 99280
 
"A .618 re-trace of the rise from 1383 to today's close would take us to 1700, which is 11% lower than we are right now."

Wouldn't that retrace take us to around 1580'ish, which is about 16.9% from here? FWIW, I tend to agree with your POV.

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