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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?


To: AllansAlias who wrote (675)5/23/2008 11:55:01 AM
From: rcksinc  Read Replies (1) | Respond to of 3209
 
AA
If I am following your thinking, you would likely short the SPX say at the end of this retrace up. 1400 is about .382 from todays current low 1374 or the .5 retrace which would tag 1407 or there abouts.




To: AllansAlias who wrote (675)5/23/2008 12:14:03 PM
From: Moominoid  Read Replies (1) | Respond to of 3209
 
That could be a C wave of a flat correction .... :)