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Re: S&P



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With reference to your charts of SP posted December 10, 1998, I understand
and accept the fib retracement levels (also note an initial level at 1129
+/- which is .236 +/- retracement of 2 month up trend), but I don't
understand how/why/exactly where/when you commenced the fib time series.

Would you please explain.

Thanks.

Tony Pylypuk






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