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Re: dvdmogul post# 120

Saturday, 01/31/2004 10:16:46 AM

Saturday, January 31, 2004 10:16:46 AM

Post# of 147
We just had a retrace from $18 to 12.xx
What is a fib number for a retrace?

11.27 would be a 38.2% retrace from $0.38

My guess is a retrace would be measured from some other level...

Probably good support at $12.25 if that is where institutions feel it is worth buying millions of shares...

Longer term, higher.

Short term buy or sell I have in my newsletter before I post here for obvious reasons.






Kirk out
#board-1574