Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (89834)	8/21/2009 4:05:17 PM
From: Real Man	Read Replies (2) of 94695

Yes, a measured move based on that particular P&F buy, and it's usually not quite meaningful, as you can have different boxes. What I do see is that there are not a whole lot of strong resistance levels between here and the start of October crash, around 1200. You can call 50% retracement a level, but it is still much higher. This bull just horned through 3 very strong levels, 956, 978, and 1014. -g-

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