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.

Non-Tech : Raptor's Den -- Ignore unavailable to you. Want to Upgrade?

To: rmullin6044 who wrote (5961)	11/21/2002 7:45:08 PM
From: ajtj99	Respond to of 10157

That chart Velo posted is very similar to historical fractals used by anon, who is a whiz in that stuff. The ratio is 12-days on the historic chart to 1-day on the current chart. If the pattern continues, it infers a 30% drop in the S&P from near this level around mid-January. My preference is a re-test of the lows in the end of December, a rise for early January, and a dump into the spring to levels near 1/2 of where we are.