All Entries Tagged With: "Fibonacci retracement"
Greater Depression? Part II
Last October I published this post about my forecast for the markets over the next 12-24 months. Well my first target was the 7,200 area and one of the technical tools I used to come up with this number was the 50% Fibonacci retracement from the 1932 bottom. We reached that target much quicker than [...]
Market Overview – March 27th, 2008
Tonight’s update will be brief but I wanted to point out something that was mentioned in yesterday’s update. Even though I have a positive bias and expect the markets to continue higher, it was mentioned that we may see one more pullback before the market continues up. Well today the market did just that as [...]




