tuesday trading, page-39

S&P seems to need something hard to run into....we have 50% retrace at 1121....another prospective item is the down trendline from the top which picks up the 19/5/08 high

just trying to work out the angle of the dangle between the 2 highs

11/10/07 1576.09
19/08/08 1440.24
135.85 points/221 days = .6147 (if it was 220 days it would be a neat .6175 S&P points decline per calendar day)

ok with little licence if we use .618 points per day this intersects the 50% retrace on the 15/10/09....double whammy stopper?