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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: Chip McVickar who wrote (2704)	2/26/2003 5:15:49 AM
From: robert b furman	Read Replies (1) of 12411

Hi Chip, Using GZ's spiral it looks like yesterday's last hour Rally came at the very last moment. 50% retrace from October move up from bottom is pretty strong resistance @858ish. We've been gliding along the 61.8 retrace for 3 weeks now on both S&P and Dow. Yesterdays white hammer on the best volume in a while was more significant than most may have caught.JMHO Still working on getting off this bottom - but does look like it has been put in. JMHO Bob

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