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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (18370)6/20/2001 9:05:59 AM
From: Zeev Hed  Read Replies (2) | Respond to of 30051
 
George, and the equities P/C ratio get higher, and the tic getting really extreme..and...and..., but that can happen in a day or two.

Zeev



To: Crimson Ghost who wrote (18370)6/20/2001 9:24:01 AM
From: ajtj99  Respond to of 30051
 
George, I guess when I say bounce I'm talking about a small fib re-trace, not a rally. A 50% re-trace of a drop from 2057 to around 1940 would take us to just under 2000. More likely would be a .382 re-trace to 1985 or so, IMO.