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To: Shack who wrote (55258)10/3/2002 12:29:36 PM
From: Paul Shread  Respond to of 209892
 
Yeah, plus you'll get chart-chasers seeing an inverse H&S there. -ng



To: Shack who wrote (55258)10/3/2002 1:04:43 PM
From: bcrafty  Read Replies (1) | Respond to of 209892
 
The 7693 we bounced off of was the exact .5 fibo
of the move from Monday's low to yesterday's high

7964 (yesterday's high) minus 7422 (Monday's low) = 542 X .5 = 271. 7964 - 271 = 7693.

Think it will hold? So far so good.