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Post# of 100423
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TraderRich

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TraderRich

Re: None

Tuesday, 05/20/2008 12:30:48 PM

Tuesday, May 20, 2008 12:30:48 PM

Post# of 100423
.00875 was the 50% retracement of yesterday's candle, so no big deal on the low volume drop.

.0074 is the 50% retracement of this whole uptrend from .0028 to .012, with .0063 being the 62% retracement of that range. Those are viable price ranges to watch for lower support, imo.

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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