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Strategies & Market Trends : Classic TA Workplace
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To: At_The_Ask who wrote (62491)1/1/2003 9:59:08 PM
From: skinowski  Read Replies (1) of 209892
 
Elegant work. The Fibonacci rhythm is very impressive. Prior to October low, 21 day up followed by a 34 day down leg, and then, 34 up, followed by 21 (?) down. In total – two 55 day cycles (if, of course, it works out).

If I understand correctly, this would call for a new low tomorrow. We shall see. SPX 862 is a 50% correction of the October rally.
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