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Replies to #7 on TheChartologist
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geosing

10/09/08 11:37 AM

#8 RE: LG #7

Assuming the Monday's gap and subsequent acceleration down points to a mid point measuring gap, I get the first target of 90-91 level for SPY. Whether it will be a lasting bottom, if reached, remains to be seen. Possibly break the round number by a few ticks....