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Re: DFLY post# 12221

Wednesday, 06/13/2012 3:15:36 PM

Wednesday, June 13, 2012 3:15:36 PM

Post# of 57329
Fibonacci retrace from EOD yesterday to where this run started around .25 meant 66% drop to about .93, which it did today, obviously. To bounce a normal 33% would put it at 1.37 roughly, which is where it is now. What will be interesting is if we break through here and can get towards 1.50 or better. If so, tomorrow could be holding at close of today or better. If we stay here in the 1.30's, could be a battle that tilts towards the bears. Keep chugging YIPI. I believe. I believe.