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#1 n83

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Posted 04 May 2007 - 05:22 AM

http://finance.yahoo...m...p;z=66&y=66

1553 is not the adjusted intraday high but (since 1300+) has just been another psychological marker

naz 2705

#2 relax

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Posted 04 May 2007 - 05:26 AM

naz has fib resistance around 2.645 as far as I remember - around 3 per cent from here

Fits in well with 3 per cent gain for S&P


http://finance.yahoo...m...p;z=66&y=66

1553 is not the adjusted intraday high but (since 1300+) has just been another psychological marker

naz 2705



#3 n83

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Posted 04 May 2007 - 05:27 AM

naz has fib resistance around 2.645 as far as I remember - around 3 per cent from here

Fits in well with 3 per cent gain for S&P


http://finance.yahoo...m...p;z=66&y=66

1553 is not the adjusted intraday high but (since 1300+) has just been another psychological marker

naz 2705


have the fibs meant something so far for spx and dow? i mean really meant something?

#4 relax

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Posted 04 May 2007 - 07:48 AM

following the drop in february fib levels definitely were respected, but of course really really mattered no probably not

What mattered for the charts was PPI and CPI and those events will continue to be turning dates for the markets

August 15 2006 PPI started the whole move up

Maybe PPI next week will start a corrective move down, which everybody is looking for

Dow Jones 13.330 should be hit today

With the Microsoft and Yahoo story gains should be able to hold - at least nothing really negative yet



naz has fib resistance around 2.645 as far as I remember - around 3 per cent from here

Fits in well with 3 per cent gain for S&P


http://finance.yahoo...m...p;z=66&y=66

1553 is not the adjusted intraday high but (since 1300+) has just been another psychological marker

naz 2705


have the fibs meant something so far for spx and dow? i mean really meant something?