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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (13363)11/17/2002 3:13:21 PM
From: orkrious  Respond to of 57110
 
nice chart. the retrace is back on if we don't go materially higher



To: Jorj X Mckie who wrote (13363)11/17/2002 7:59:19 PM
From: ajtj99  Read Replies (1) | Respond to of 57110
 
I'm not so concerned with the re-trace playing out exactly like it did from 1619-2098-1108. The bubble deflation is nearly done, and if you took the bubble chart, folded it in half, you'd have a near mirror image. That's the way it's supposed to re-trace.

The next drop off this high should get us to the post bubble low. We have an idea where that low should be, and it should be a pretty quick trip down over the next 4-5 months to that low, IMO.


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