Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: bobby beara who wrote (83355)	7/31/2002 11:15:59 PM
From: KymarFye	Read Replies (1) \| Respond to of 99985

OK, since you've been sharesying with your charts, here's my Dow of Facksics: home.pacbell.net Distance from May '01 swing high to Sept lows : app. 4 months and app. 3300 Dow points - ca. 29% measured from top to low, or 41% measured from low to top). Distance from March '02 high to July low: app. 4 months, and app 3100 Dow points - ca. 29% measured from top to low, or 42% measured from low to top. Current consolidation on Dow is taking place precisely at 38.2% re-tracement of move from '02 high to '02 low. Move from Sept 01 to March 02 represented a 76.4% retracement (having consolidated at each major Fib level from 23.6 through 38.2, 50, 61.8 previously). 50% of current move would be ca. 9115. 61.8 would be 9490. 76.4% would be just under 10k, ca. 9950.