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Re: Burk post# 79535

Friday, 06/02/2006 3:13:13 PM

Friday, June 02, 2006 3:13:13 PM

Post# of 148479
The range of this drop compared with the 2002 drop is about 1/6th of that, so divide that by 6 and you get 1295 SPX. Maybe we get 1303 SPX maximum.

The 2002 rally was a 50% re-trace of the drop. This would be a .618 or .786 re-trace.

http://www.investorshub.com/boards/board.asp?board_id=1613
AJTJ's Market Pulse
Do your own DD. Void where prohibited. Observed side effects include darkening of the stool, spontaneous amputation, and death. Rosebud.

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