Dharmaeye
Sep 3 2007, 02:54 AM
Well I've never done this before
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dharma
Sep 4 2007, 02:48 PM
144.36 is the .618 retracement. seems to close in time for the other shoe to drop. my feeling is, it will be a retest of 8/16 low when it occurs. it looks to me like the lows are in. right now, the upside has some momo. dharma
hedonicprocto
Sep 4 2007, 05:47 PM
Dharma or BV:
that fibo would indeed be one place for a reversal...cant chart right now but how does the fibo relationaship work out for A=C assuming that is what we are seeing off the lows of the 16th?
If this is not an ABC off the lows, but instead a 5 wave move, then we should not overlap 140 area on the 4rht wave down...
if it is an ABC then the C should plunge past that area ,correct?
Charmin
Sep 4 2007, 06:12 PM
well, I guess I must of missed the monthly post Dharm established for us. Not sure who's thread you want to continue with?
Place your vote here.
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