Thursday, January 17, 2008

Will this 1.000 node and trendline stop this fall?

3 comments:

john said...

Mark,
thanx

old john

john said...

Mark,
Given that you and Boris are in close agreement, what type of bounce would you be looking for>?

old john

mlytle said...

John,
Probably a pretty good one, anywhere from a 38% to a 62% retrace,
on the $spx that would be probably from 1400 up to possibly 1450 or 1460, assuming it really bottoms in here somewhere...I'll have more once I feel the bottom is really solid..

Regards,
Mark L.