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Re: Wales Walker post# 3817

Thursday, 03/29/2007 10:10:47 AM

Thursday, March 29, 2007 10:10:47 AM

Post# of 20456
Wales,
Nothing is ever perfect in charts, but here's how I see it. We are off the low of 0.03ish close,,, and we are off the highs of 0.06ish close,,, add the 2,, divide by 2,, and the consolidation phase should be ending up in the mid 0.04ish range. Oh, we are there today,, we've made the 50% retracement, if we hold here we can go retest those recent highs. If not, we might retest the low again. $0.041/2ish should be our spring board for a healthy chart.