News Focus
News Focus
icon url

deuce bigalow

09/23/03 11:00 PM

#154293 RE: market_watcher #152318

I'm looking for a 50% retracement of the S&P top to bottom and it should take 50% of the time that the drop from the 2000 top took. That's what the charts tell me at this point. The remaining question in my mind is when the correction starts.<<<<

well market-watcher, i'm sorry if i lumped you in with the rest of this thread, i don't have the time to read every post, i read a 100 posts here and there, to get a feel for the tenor of the thread, which is extremely bearish during this uptrend of the last six months,

I have been somewhat quiet about it, maybe I am a contrary indicator and now that I'm giving the bears their due, it's time for a top -g-

So what in the 'charts' tells you that we will get a 50% retrace, are you not so sure that after the next high level consolidation that the markets will make another 50% boost higher?