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friendlyfred

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friendlyfred

Re: Justin post# 66650

Wednesday, 11/17/2004 7:25:35 PM

Wednesday, November 17, 2004 7:25:35 PM

Post# of 93819
I gave two numbers. Both are fibonacci retracement numbers. 29 would have been 50% and 26 is 62%. When a stock is healthy (actively traded) these numbers come into play quite often. Retracement is a product of supply/ demand and is what creates trends/
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