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otraque

09/21/02 4:14 AM

#27673 RE: anon #27660

in case aj does not expound in detail i will give a "nutshell" super basic defining of the retrace.
Last great bubble was in 1929. From the 1929 high to the final bottom, something like
34-35 months transpired.
We are now at nearly 30 months,so if we go with 35 months, the retrace should complete in 5months.
But their be variables to this simplicity i am sure.
I haven't checked Jeff's lastest charting of how tightly we are holding with the 1929 pattern.Max

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ajtj99

09/21/02 4:01 PM

#27729 RE: anon #27660

anon, Augieboo has a site on IHUB that breaks it down pretty well. If you look at one of his posts here, he has a link to it.