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Strategies & Market Trends : Guidance and Visibility

AAPL 273.40

-0.1%

Dec 26 9:30 AM EST

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To: SirRealist who wrote (87643)	5/22/2003 4:46:31 PM
From: SirRealist	Read Replies (1) of 208838

Who's the Fibonacci expert here? I have a question about waves: If sumpin drops over a long period, we'll call that drop amount 100%, so on the way back up, if it rises 62%, where would be the next logical spot it would drop to? Now to give it context, from Jan 02 to Oct 02, the mkt went from 2098 to 1108 so 990 pts=100% A 62% rebound (which I'm betting on by the 6/24-6/25 FOMC) would bring us back to 1722/1728 or the April 25-26/2002 hod as the peak. So, where would the market correct to then?

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