DA BOUNCE
#1
Posted 07 March 2007 - 01:41 PM
DOWN - UP - DOWN
SOOOOOOOOO..........I EXPECT THE COMING C DOWN AT 11600 DOW / 1320 SPX
#2
Posted 07 March 2007 - 01:46 PM
Bouncing Bear - click here
DOWN - UP - DOWN
SOOOOOOOOO..........I EXPECT THE COMING C DOWN AT 11600 DOW / 1320 SPX
Holy Cow. The bear almost bounced back up into the tree. It appears he still fell from half the distance up. (fibo retracement ?)
#3
Posted 07 March 2007 - 02:02 PM
Bouncing Bear - click here
DOWN - UP - DOWN
SOOOOOOOOO..........I EXPECT THE COMING C DOWN AT 11600 DOW / 1320 SPX
Gad, that bounce on the head certainly didn't help the bear's ego!!! Blizzard, I agree, but I had a target of 11730. Maybe I bounced on my head..MDW
Be Sure to Perform Your Own Due Diligence
#4
Posted 07 March 2007 - 02:19 PM
#5
Posted 07 March 2007 - 02:42 PM
Bouncing Bear - click here
DOWN - UP - DOWN
SOOOOOOOOO..........I EXPECT THE COMING C DOWN AT 11600 DOW / 1320 SPX
#6
Posted 07 March 2007 - 02:44 PM
I think the bounce continues into next week personally.
The time to complete the ABC UP ?.....12420/50 DOW - SPX 1418/20 (50% retracement)?
hhhhmmmm...maybe..
...but usually.... if the retracement is between 50% - 61.8%, the next leg down marks a double bottom or higher lows
Since I expect lower lows I think this bounce it's almost over
Edited by .Blizzard, 07 March 2007 - 02:46 PM.