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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: eichler who wrote (79556)7/6/2001 11:32:06 AM
From: eichler  Respond to of 99985
 
The range from 6/20 to 7/2 was 208 points. Low today from high 166 points. 79.8% retrace so far....hmmmm familiar fib number....
Intraday bounce targets from current decline:
38% retrace: 2077
50% :2097
62% :2116



To: eichler who wrote (79556)7/6/2001 11:32:34 AM
From: Zeev Hed  Read Replies (2) | Respond to of 99985
 
The question how much, I have a gut feel we bounce to the 2060 area and turn back, we may close under 2000.

Zeev