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Re: investor0464 post# 58008

Thursday, 02/06/2014 12:21:17 AM

Thursday, February 06, 2014 12:21:17 AM

Post# of 120610
Fibs measure stock...

Health. They can be used to make sure a stock isn't starting to catch a virus.

And they are also good for adding to a position at nice entry points.

Keep in mind with profit taking also, many do that also holding a decent percentage as perma long, as long as support areas aren't broken. Fibs help with those parameters.