Replies to post #643123 on Zeev's Turnips Patch-No Politics (ZEEV)

[Must Be Patient]

Hi CR, I was considering the 200-dma for GFRE as well, but it's not going there tomorrow or anything. It's 200-dma is rising by .75-1.00 a month, so if we get a nice March market bottom, GFRE might tag its 200-dma around 8, based only on market gyrations (i.e., I don't think it takes bad company news to get there). With a May market low, GFRE tagging the 200-dma would be pretty ho-hum.

[JimQuinceH]

Well CHART READER, A .618 Fibbonacci retracement on the move from the 52 week low to the 52 week high on GFRE would be at $6.43 and the 200 Day Moving Average is currently at $6.18 and rising, so perhaps those two items will come together.

We Will Know In The Fullness Of Time

Jim