BKX 60.87 meeting the projected target area of 60-63 which is 61.8% of the entire price advancement since 1994 low 24.82. This is also prior triple bottom support area. It formed Megaphone RST as noted on 6/8/2008 (8771).With BKX higher beta within the sector, predicting precise bottom of the volatility is challenging; nevertheless, I think that 57-60 will likely a bottom. From 1993 low 21.50, the relative retracement is 57 +/- which is lower end of progressive targets. iHub 8800 (posts 8771, 8583, 6628, 5257)
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