The Chart du Jour

Don't Look for a Bottom Until...

November 9, 2000

By, Barclay T. Leib

As Florida tries to sort out its ballot boxes, certain equities continue to exhibit strong Fibonacci rhythms that leave us bearishly poised for now. Our proclivity is that electoral problems will not go away for several weeks, only exacerbating (or alternatively stated, providing an excuse for) further equity declines.

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