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xZx

05/31/06 2:29 PM

#5601 RE: YankeeAce #5595

not only are we having a healthy and typical retracement, consider the drivers for BIGN going forward that *haven't changed*... or better yet... the ones that ARE CHANGING!

take note, for example, that the price of natural gas surged today. up some .27 cents so far!! i have one word to say about that: GRIMES. how much will the natural gas components of BIGN be worth in the dead of winter after a rough hurricane season? PLENTY! :)
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Razorbucks

05/31/06 2:45 PM

#5608 RE: YankeeAce #5595

Yank, Fibonacci Retracements are at roughly 30-50-70%

First two are very bullish if bounces occur, a bounce off of roughly the 70% retrace is considered somewhat lackluster.

We are hovering around the 30% right now with a quick view of the chart. If it bounces off (which it did at .047) and move higher, this is very bullish.