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Strategies & Market Trends : Classic TA Workplace

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To: Jerry Olson who wrote (66273)2/13/2003 8:34:49 AM
From: skinowski  Read Replies (1) of 209892
 
Good morning, Jerry... welcome back, glad you guys had such a good time... in the end that's what it's all about.

SPX 840 was a 62.2% retrace of the October rally – and yes, it didn't hold well at all. Now, SPX is just a few points above the 78.6% retrace near 810. It would be no surprise if it decides to start acting a bit bouncy soon. Longer term the bear is still young.

Skiing short.

Ski.
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