SPDR S&P 500 (SPY): ABC down SPX Math A-B=45 which is e...

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Re: 2bit-nothing post# 28265

Sunday, 10/21/2007 5:59:24 PM

Sunday, October 21, 2007 5:59:24 PM

ABC down SPX Math

A-B=45 which is equal to the D move
C=1541

1576-1531=45
1541-45=1496

that would be a 38.2 retrace of the move and break out

I have just begun measured moves and they have really been accurate.

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Buy 'em when they are crying, sell them when they are yellin'
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