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TraderRich

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TraderRich

Re: Hurricane_Rick post# 6677

Thursday, 11/16/2006 3:39:52 PM

Thursday, November 16, 2006 3:39:52 PM

Post# of 19446
rickj65: Fib Retracements...

Sorry for the late response.

Retracements first and then the associated price for the .01 - .03 retracement:

24% = .025
38% = .0224
50% = .02
62% = .0176
71% = .0159
79% = .0142

Today we basically bounced off the 71% retracement and are currently just above the 38% mark.

Current horizontal support levels at .015, .0175 and .02.

IMO

Aloha.

Rich

Unless otherwise stated, any and all information I post is my opinion which is subject to change. I accept no responsibility for anyone who chooses to take any action based upon anything I post.

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