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Strategies & Market Trends : Classic TA Workplace

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To: skinowski who wrote (126360)11/22/2005 5:54:13 PM
From: Henry J Costanzo  Read Replies (2) of 209892
 
SPX.... 0.618 retrace.

Not terribly important ...and maybe my numbers screwed up ?? BUT it IS a major historical juncture.....so might be nice if all us CFZ-EWers packed the same numbers......gg

Didn't post it, but I thought we completed .618 retrace of the bear yesterday.....both on a closing and intraday basis....at 1253.29.

For history's sake: Bear = 1552.87 --> 768.63 = 784.24 ..
........................... .618FIB x 784.24 = 484.66..
............................ 768.63 + 484.66 = 1253.29..
............................Nov. 21, 2005 SPX...H 1255.71, L 1246.90, C 1254.85

Everybody agree?? Any different numbers out there ???
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