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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: ratan lal who wrote (17685)4/30/1998 11:17:00 AM
From: Oeconomicus  Respond to of 94695
 
What I meant was that the moves to the 9065-9070 area on the Dow and around 1110 on the S&P was a pretty good "golden mean" retracement of the Thursday-Monday decline. Just pointing it out because I learned something new yesterday (about the "golden mean") and it was an interesting coincidence that that's where we paused. Well... I thought it was interesting. Hey, it gave me something to do while I watch my money evaporate. <G>

Didn't mean to imply that I thought it meant anything (or that it doesn't).

Bob