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andy20020

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andy20020

Re: Leppard post# 8438

Wednesday, 08/20/2003 2:56:28 AM

Wednesday, August 20, 2003 2:56:28 AM

Post# of 11156
Leppard ... I figured either 38.2% being roughly $3.15 if the market is sad (as I expect), or 50% being $3.33/4 (I was using $2.61 - $4.04 range) whatever. If $3.15, logical (2down) retrace to 50% would be $2.88 ... presto! Then leg three ... 161.8% would take it exactly to $3.75 ... the BBand MA!!! This is my preferred formula ... but you know how it goes .. maybe up maybe down LOL Needs news about early/mid next week to achieve this. Regards
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