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[sluzbenik1]

I'm just putting this out there, as I noticed it today. 1210 could be our target. Notice the retrace from the '08 lows is 50%, and 38.2% of last year's lows. In other retracement news, the Nasdaq high was an exact 50% retractment of the 2000 high from the 2002 low. (no chart, but you can easily verify yourself).

The trendline would fit nicely with some late May/early June bottoming monstrosity, which fits with Hurst cycles, the mystery broker and new Greek elections. Maybe in a month they will come to their senses. That's a good deal of interesting evidence to backup a low in that timeframe. That trendline would hit an area higher than 1210 however.

It's not the end of the world, btw. Even the end of the Euro will not be the end of the world. Have some historical perspective. Germany will be forced by France to step up, and if they don't, I think a solution of splitting the Euro, or just kicking Greece out, will work out. Not without lots and lots of pain mind you.




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