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Post# of 44374
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trimsprims

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trimsprims

Re: lowtrade post# 1765

Sunday, 05/08/2005 9:43:35 PM

Sunday, May 08, 2005 9:43:35 PM

Post# of 44374
Thanks Lowtrade, that sounds very reasonable to me. Somewhere along the line I got this formula for a target. It is like

T = 2B-L (formula)

T = Target price
2B = 2 x breakout (.369 in this case)= .738
minus prior low
.738 - .203 = .535

Getting pretty dang close to your projected chart pattern of .58, huh? LOL Many times I have seen this play out.
Wild card still news of course!
Trims


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