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To: Galirayo who wrote (113545)2/11/2005 3:18:57 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
Ray-o...Posted a whole range of possible downsides some time ago, but, looking at the SPX, say something like a .50/.618FIB retrace of the August advance, or maybe back to support at the 200d MA.....Range would be 1120/1140.....

Re ELAB....not bad.....but wouldn't think it can go very far until it can get itself back above its 200dMA, which - horrors! - is still falling......g

........and now, back to the cave.....