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Strategies & Market Trends : The Player's Club -- Ignore unavailable to you. Want to Upgrade?


To: Doo who wrote (2636)12/13/1999 12:14:00 PM
From: John Pitera  Respond to of 11513
 
Jeff, the 1.618 time turning point is the 2nd vertical blue line that falls 1 day prior to the monday Oct 11th top

It is 1.618 of the length of time of the 36 day mkt run up from may 25th to July 19th. those 2 turning points are marked A and B respectively.

the week long decline occurring oct 11th to the 18th, was more dramatic on the spx and djia.

John