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Strategies & Market Trends : Bob Brinker, Moneytalk and Marketimer -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (1047)	9/20/2007 4:20:30 PM
From: Boca_PETE	Read Replies (1) \| Respond to of 2121

Hello Kirk Copyright Sign. Years ago, I remember a chap, PETE from STAMFORD, CT had a copyright sign after his moniker. I heard that moniker had too many characters an so SI forced him to select a new moniker. About your chart and retests of the S&P500 1380 level. My posts was referring to re-tests during the current correction. I'm curious as to why one would consider closes in the 1380 back in time as far as your linked chart. I'm not a stock market technician, for sure. Can you enlighten me as to how long one should be looking backwards for such re-tests and why? Are you referring to prior support levels when the market previously traded in the 1380 area and the amount of such support? P