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Re: ajtj99 post# 145126

Tuesday, 04/21/2009 11:41:42 AM

Tuesday, April 21, 2009 11:41:42 AM

Post# of 148479
The current drop looks an awful lot like the one from March 27 into March 31st on the Dow.

If that pattern holds, we'd move up to 8000 Dow, re-trace about half of the rise, then continue up.

Not my favored, but something to consider as the BKX is above the 31 level after having been below while finishing up roughly .382 re-trace of the rise from the March lows.


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