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Triple_Crown

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Triple_Crown

Re: Triple_Crown post# 16317

Tuesday, 04/03/2012 11:00:37 AM

Tuesday, April 03, 2012 11:00:37 AM

Post# of 84960
$HBRM FYI post. This morning's Fibonacci Retracement was not quite 38.2% because the .01 support is huge. For those that don't know what that is.... Well the low (beginning or the move up) to the high was .0036 to .0134 and then a correction comes (mainly because Market Makers (MMs) will control it to get the greatest volume&spread and to balance their books.

Anyhow the basic retracment is 50% and a retrace of only 38.2 is very bullish AKA Bulls (buyers) held the price up. In this case holding above the penny.
Go HBRM

These words are mine. They are believed to be true. They have been smithed in the fires of research and hammered on the anvil of facts. IMO you would do well to purchase them. Caveat emptor.

Triple_Crown

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