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Post# of 148479
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ardent jd

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ardent jd

Re: ajtj99 post# 10453

Thursday, 10/02/2003 8:52:21 PM

Thursday, October 02, 2003 8:52:21 PM

Post# of 148479
aj

What about the following simple scenario (for simple-minded people like me)? Sorry, I could not get the annotations to stick, and am too tired to keep trying:

http://stockcharts.com/def/servlet/SC.web?c=$compq,uu[h,a]daclyyay[pb50!b200!f][vc60][iUb14!Lp14,3,3...

Assuming we are in B up, 1850 is the 50% retracement, and from there we bottom at 1720, where A = C. Then on to new highs.

One other thing...I just realized the other day that the 38.2% retracement of the entire move down from the March-00 top is 2650! Seems incredible that we would ever get there, but maybe this cyclical bull has further to run than most think.
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