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Strategies & Market Trends : Classic TA Workplace

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To: JRI who wrote (31104)2/14/2002 9:40:53 AM
From: John Madarasz  Read Replies (1) of 209892
 
noreason why 75% retrace couldn't happen instead of 61.8%(1877)...it's been the norm of late

nothing remarkable going on at the open market desk to support much higher share prices either...regular expected 28 day repo...other than that, nothing of substance

weak volume of late sez noone is particularly aggressive, shorts are just as tenative as longs, squeeze might not be much of an issue

when the vix is low...it's time to go...<g>

best

jm
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