Germany’s DAX index was up about 5 % and BMW went up with it. Today it peaked at Euro 66.65 which is where we anticipated it should go to retrace about 62% of the Mar-July drop earlier this year. Now there is absolutely nothing compelling about these Fibonacci ratios so it is not as if it has to stop here. It is just that if you want to make a wild guess odds are your results will be more accurate. We will see.