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gitonwithit

03/07/12 9:24 PM

#93220 RE: pennies2007 #93218

I think that's likely. The fact that we have an uncleared fib here in yellow and such hesitation makes me think we've hit a larger timeframe moving average like maybe the daily 55 or 89. That point doesn't jive with anyone of my extension targets based on that .707 move from the top or it's derivatives. Matter of fact we've got consolidation at .707 of that bottom whatever support level it represents.