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To: sun-tzu who wrote (134592)11/15/2001 10:21:56 AM
From: Les H  Read Replies (3) | Respond to of 436258
 
I think 99 had more of a base from August to October. 98 had a double bottom that everyone has kept focusing on for last six weeks. Going back to 90, the times where the market made a single spike low and rallied hard, the retracements have to tended to be .62 or greater. We just had a .38 retrace in late October's post-expiry.



To: sun-tzu who wrote (134592)11/15/2001 10:32:34 AM
From: marginmike  Read Replies (2) | Respond to of 436258
 
stimulus much stronger here, I dont think we pull back signifigently yet. The 98