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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Terry Whitman who wrote (3314)2/23/2001 12:47:34 PM
From: John Pitera  Read Replies (1) | Respond to of 33421
 
we are getting down to the 2139 area, which is the .618 retracement of the entire advance from
Oct 1987 up to the March 10th 2000 high.

we also had an A = C @2199 in terms of the NASD decline from 3-10-00 to 5-24-00 and then this current
decline that started on Sept 1st.

In between right here and 2040 is the area for the
winter bottom,

That's what my work tells me.

VIX is up to 33.46 today, 40 would be very nice.

John