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


To: Lee Lichterman III who wrote (2459)3/9/2001 4:16:22 PM
From: Paul Shread  Read Replies (2) | Respond to of 52237
 
Where's the 78% level? <eom>



To: Lee Lichterman III who wrote (2459)3/9/2001 6:03:42 PM
From: bumboo  Read Replies (1) | Respond to of 52237
 
<< Heinz over on the CFZ just noted that we have surpassed the 62% retracement of the bull move and thus the next target should be around the 78% level.>>

If that comes to pass (and it is not unimaginable), it is going to be a very painful ride for a lot of people. The next fib retracement is at 1332!

NASDAQ Fib levels
=================
1.000 5132 <-- 03/2000
0.854 4405
0.763 3953
0.618 3232
0.500 2645
0.382 2058
0.236 1332
0.146 885
0.000 159 <-- 08/1982