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To: R. Martenson who wrote (7296)11/12/1997 1:17:00 AM
From: Sam Scrutchins  Respond to of 10836
 
>> Also, 33% and 50% moves from previous lows ( 8 ), are very
hard to break through...thus, even 12 1/2 may be tough to reach. <<

I think the true move started from around 9 1/2, not 8. Therefore, consistent with your statement, 12 5/8 is about 33 percent. I'd still go for a few ticks better than 13 though, depending on the greater market's strength.


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