Thursday, January 17, 2008

Will this 1.000 node and trendline stop this fall?

3 comments:

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

    old john

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  2. 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.

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