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To: Cactus Jack who wrote (90326)	4/5/2001 3:25:32 PM
From: pater tenebrarum	Read Replies (4) \| Respond to of 436258

indeed...perhaps it stretches out over a longer period though. today reminds me very much of Sept. 22 '87, when the Dow made its biggest one day point gain EVER (at the time)...the subsequent rally phase lasted 8 trading days, one degree removed from the five trading day rally preceding the '29 BK, in terms of the fibonacci series. so it is possible that today's upturn will result in a rally that is 13 trading days long, the next number in the fibo series. since the proper starting point for this rally is actually YESTERDAY's low, we would arrive, most uncannily, at exactly April 23, which is another big turn date. HOWEVERRR....the daily chart of Dow/SnP looks like it is completing a corrective a-b-c structure from the most recent low...and Monday is a fibo 13 trading days from that low, which would fulfill the above mentioned one degree larger duration requirement for the final retracement rally before the capitulation...or shall we call it decapitation? -g-