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Non-Tech : Raptor's Den

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To: velociraptor_ who started this subject9/24/2002 5:48:30 PM
From: velociraptor_  Read Replies (3) of 10157
 
We should bounce tomorrow.

This is sweet...Using the DOW....we have an ABC-X-ABC of the Aug 22 highs with the last ABC off the Sept 11 high. In that ABC, the A wave was about 505 points from 8720 to 8215. The B wave was very clearly a correction and I have no doubt of it's structure as a 3-3-5 flat. It has been previously outlined. If you take a 1.618 fib extention of 505, you get 817 points. The C wave began at 8476.

8476 - 817 = 7659. Today's low.....7653.

Boing!!!
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