Great info, Grizz, particularly the Fibonacci retrace info. Had a good friend (PhD in mathematics and a second PhD in psychology, but not a trader) explain it a bit better to be. Told him of the theory in stock prices, he studied it for a few days and suggested we look for an additional break at 50%. (not a Fibonacci number, but a logical (and psychological) point where an additional wave can form.
I have a few extra shares I'm holding so I can try to play the Fibonacci Retrace. (remember I'm still pretty new at this)
CGFIA Flotilla getting underway! Get on of get off, but get something! Hopefully we get lucky!
I just hang out here for the fun of it, that
doesn't mean I'm smart.