InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,478.95
(
0.95%
)
US TECH 100
18,674.80
(
0.75%
)
Dow Jones
40,339.84
(
1.22%
)
Brent Oil
81.32
(
0.72%
)
Bitcoin
64,816.85
(
-0.85%
)
Post# of 67010
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

M_T_Pockets

Send PM Follow Ignore
Followers 29
Posts 2631
Boards Moderated 0
Alias Born 01/26/2011

M_T_Pockets

Re: SkunkRiverTradingCo post# 24319

Tuesday, 09/20/2011 10:18:35 PM

Tuesday, September 20, 2011 10:18:35 PM

Post# of 67010
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.

Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up