Perhaps -- a 61.8 % retracement from the lows in Oct 02 put the key Fib level at 6.96. If we get a weekly close under this level the next target appears to be around 6 where the 200-day SMA is at and price support from the summer of 2005.
Regards, frenchee
#board-4258TSP Trend Timing: EFA (I), TLT (F), SPY (C), and VXF (S)