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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (6086)8/30/2002 9:33:56 PM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 30712
 
so according to the retrace theory, the 1192 on the forward chart corresponds to the 1164 on the backward chart and the recent 1426 corresponds to the 1400 top on the way-back-when chart. so the next retrace target is around 1050 corresponding to the way-back-when 1017.

is that a cogent summary of where the theory stands as of this weekend? if that's the case i can now see why the little pop to 1354 caused so much discussion...it did follow the "test" pattern though...

this is really quite eerie...