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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Death Sphincter who wrote (67648)1/31/2001 3:54:17 AM
From: Arik T.G.  Read Replies (1) | Respond to of 99985
 
>>not seeing where the .382 is coming from

The 4147 high on the NDX on Sep 1st gives a Fib 2875 target.
Same for Naz (it was marginally higher in July) gives 3019 target.

>>that 3000-3030 is an absolute obvious target to the whole world, i hope it works.

Naz came within 120 points of the target on 1/24 and stalled. I hope the action from 1/2/01 is not an ABC (C made of 5 like you showed me) that was completed on 1/24. Hey wait for me I'm not short the market yet.
OTOH if we'll top 1/24 high it's a 5er from the low and an up trend!

ATG