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To: Thomas M. who wrote (376111)10/10/2008 7:44:09 AM
From: NucTrader  Read Replies (1) | Respond to of 436258
 
Ok Thomas. here's what my guru said -g-

Category: General Interest
From: da_cheif (don wolanchuk)
To: zpainter (George Rodart)
Date Posted: October 09, 2008 at 12:59:15
Subject: Re: UGLY Chart
Reference: UGLY Chart

looks like it looked at previous lows....8950 dow is the big line....in fact if you bring up a monthly chart of the dow.....put in the 75% retrace off the 02 low and draw a line down off the of jan 2000 and may 2001 highs.... 8950 is where they come together.........