Dow
Last 3 rallies on significant lows have yeilded the following
July 06 - 2000 points
March 07 - 1750 points
August 07 - 1680 points
January 08 to now - 1400 points, so one must be looking for a point for a retrace and i guess it could be around the 13300 level( giving us another 1700 pt level ). Thats around 61.8 fib level and also and 1.5 times the intial range off the jan low
Time wise
March low to oct high 211 days
Oct high to jan low 105 days
so add another 106 days for the hell of it and you get
8 May 08
So does the dow have another 300 before next thursday
anythings possible
Yes only pure speculation but what if LOL
Dow Last 3 rallies on significant lows have yeilded the...
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