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Strategies & Market Trends : Waiting for the big Kahuna
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To: Trumptown who wrote (64433)6/16/2003 3:15:00 PM
From: Real Man  Read Replies (2) of 94695
 
Down. This means we are going to take out last October lows into the fall. NDX may take a 50% haircut. This is one of the Fib targets. C=1.62A, C=2.62A are other targets, although I think they are less likely. Should turn down within 1-2 weeks. SPX fibonacci target is 1033, while NDX and DOW have reached their targets. It may get choppy for a while. JMHO.
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