$BKX to targeted 83

$BKX traded to targeted 83 as noted on 11/3. That is 61.80% of Oct 2002-Fec2007 rally.

It will likely bounce from here even though "C" price action suggests retracing to the Oct 2002 low and even though we do not see a bottom action on financial sector yet. Therefore, it is better to be cautious at the support at 83.