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To: AllansAlias who wrote (3927)5/31/2001 3:00:43 PM
From: GrillSgt  Read Replies (2) | Respond to of 209892
 
Any thoughts?

>>
The Nasdaq dropped a Fibonacci 13 months from March 2000 to April 2001. It could now retrace a Fibonacci eight months to December 2001 before resuming its decline. 13 multiplied by 0.618 yields 8.

Robert Prechter <<



To: AllansAlias who wrote (3927)5/31/2001 3:13:02 PM
From: JRI  Respond to of 209892
 
no way we did an a-b-c today, right? I can't see a b, unless we count that early move down (post-10:30 am)..but then c is much, much longer (and complex) than a and b....and wouldn't that be a weird a-b-c?

edit: It is also end-of-month...I wonder if that has effected the structure at all..