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

To: Jeffrey S. Lillie who wrote (23536)	1/10/2003 1:20:08 PM
From: ajtj99	Read Replies (1) \| Respond to of 30712

It all depends on whether we can take out today's high. COMP 1418-1457 is 39-points. .618 re-trace of that is 24-points. The rally from 1327-1442 was 115 points, the B drop was 40 points to 1402, so the C up should be either 115 points or .618 of 115, which is 71 points. 71 points plus 1402= 1473. 115 + 1402 = 1517. 1473-39=1433-1434. That's how I got it.