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gitonwithit

03/08/12 8:05 AM

#93248 RE: pennies2007 #93246

Here's another thought. Been trying to figure out the .707 peeloff from the top and then the sequence of fibs in the impulse down. Lot's of the extensions match up with .707 variants i.e. 1.414 and we really haven't seen 2.618 yet so be maybe likely that we see a .886 extension (will show as 1.128) from that low over to the 2.618 to start a leg up around 1.0490. I gotta work today so I'll probably close my short before I leave wherever it's at but that 1.0490 should come into play before the weekend I would think.