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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: studdog who wrote (110834)4/21/2010 1:44:47 AM
From: roguedolphin  Respond to of 116555
 
<<"A rise in these posts seem to presage one last hurrah before the trend changes. Keep an eye out for more.">>>

From: roguedolphin 4/15/2010 4:52:43 PM
2 Recommendations of 110838

fibonacci anyone???
siliconinvestor.com

Posted by: MisterEC Member Level Date: Thursday, April 15, 2010 1:31:08 PM
In reply to: MisterEC who wrote msg# 49491 Post # of
49507 Send a link via email Share on Facebook Tweet this post

We are doing a quick update on this Free web page today because we have to free up the computers for upgrades to our system and wifi equipment.

For today ... A Fibonacci Anniversary Date?

I know that some investors love Fibonacci numbers, others hate them.

An FYI for those who like them: After the 1929 crash, there was a rebound and the S&P came within a smidgen of its 61.8% Fibonacci retracement. After approaching the 61.8% retracement, the market reversed and resumed its prior Bear Market down trend.

*** At the close yesterday, the S&P 500 was 18 points away from a 61.8% Fibonacci retracement of 1228 ... so, this is a Fibonacci Anniversary of the 61.8% retracement level.

Please click the link below to go to today's charts and analyses:
stocktiming.com
(If you are having trouble with the link, copy and paste it in your browser ... or if you happen to see last week's page, just hit the refresh button on your browser.)

Regards,
Marty Chenard

StockTiming.com
80 Botany Drive
Asheville, NC 28805
Tel: 828-296-1200

I asked:
<<Dec 2007 high was 1578. March 09 Low, 667.

1230 is 61.8% Fibonacci retracement level. Significant?>>



To: studdog who wrote (110834)4/21/2010 5:39:26 AM
From: mishedlo4 Recommendations  Respond to of 116555
 
Geithner and the NY Fed Accused of Willfully Ignoring Fraud and Covering Up Lehman's Bad Assets by Senior Regulator During the S&L Crisis

globaleconomicanalysis.blogspot.com

Mish