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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (35468)11/17/2000 7:49:17 PM
From: John Madarasz  Read Replies (4) | Respond to of 42787
 
"FWIW, a 61.8% retracement of the 1357-5132 run would be 2799; in Fib terms, that would be the bulls' last stand..."

Message 14795345

At Nasdaq 2676, the % off the 3/10 nasdaq high will equal the same percentage drop as the Dow drop in 1929 from high to low, -48%.... this is truly a historic drop and should do plenty to wash the market of its fluffy, bs, me-too companies...

Message 14797926