Wednesday, February 15, 2012 12:48:03 AM
It's is possible. Here's a very intriguing combination. When I draw the fib from the .707 to the bottom we get the reversal at the .618 (top picture) and when I draw the extension from the bottom of the .707 I get the 1.618 extension here. Wish I understood more of what this means longer term. I went short here based on the second chart but something tells me it's not the point because of the .707. I want to know to the pip when it reverses.
the government cannot give anything to anyone -- that they have not first taken away from someone else.
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