SI
SI
discoversearch

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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (63110)1/8/2003 5:49:18 PM
From: skinowski  Read Replies (4) | Respond to of 209892
 
SPX retraced 38.2% of the advance out of Dec.31 low. On the 15min chart the decline looks corrective – a combination of three wave moves. Check the leg down off today’s high: It is 78.6% of the move off yesterday’s high and into this morning’s low. Pretty.

PS: Just got into trouble… My wife calls me to eat – “Come up, what are you doing there?” My reply was, “Looking for Fibonacci relationships…” Boy, I’ll tell ya… Maybe she didn’t hear me well, or maybe just in case, but she GAVE me hell…

-G.