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Strategies & Market Trends : P&S and STO Death Blow's
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To: exp who wrote (301)5/15/2002 11:46:19 AM
From: h8_2_b_l8  Read Replies (2) of 30712
 
Another point on the Fib numbers

50% retrace from the March highs to May lows is 1753.
The downtrendline from the January high is just about 1753.

Seems like that would be an excellent inflection point for the market to make up it's mind for the short term. It would be nice if we could hit that today before a caput but that's quite a stretch.
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