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To: AllansAlias who wrote (165038)3/19/2008 11:07:12 AM
From: Galirayo  Respond to of 209892
 
Since it was such an impressive Move and a possible Bottom .. I gave the SPX a little Bull Box equal to 1/2 the size of the Big Box or up to near a 50% retrace [Fib and Gann] of the Total decline off the Oct Top at 1417 ish. Same Fan Angles.

It will need to Find an Up Line to Track now .. or face R on one of the Down moving or longer term lines.

The recent New Low Blew up the Old Sq of Nine. Here's the New one.

img237.imageshack.us

1337 line is at 1/4.






To: AllansAlias who wrote (165038)3/19/2008 12:00:52 PM
From: Perspective  Read Replies (3) | Respond to of 209892
 
HUI - I'm stunned that nobody here has remarked about the potential failing ED in HUI:

stockcharts.com

Implications could be huge - this could be telegraphing a shift of market focus from inflation to deflation.

`BC