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Technology Stocks : Ariba Technologies (Nasdaq-ARBA)

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To: Patsy Collins who wrote (216)8/3/1999 7:26:00 PM
From: Lizzie Tudor  Read Replies (2) of 2110
 
Patsy... re: The Fibo ratios tell us that the 23% retracement is 110.91 (we paused around here during the downturn). The 38% is 94.11 (again a pause), then 50% at 80.53 (today) and hopefully not, the dreaded 62% at 66.95.

Fibo ratios... thats fibonacci ratios? I'm a little confused by your post, I think you are saying there is a possibility of Ariba hitting about 67?

Well, I think it will go there, but probably not much lower... a fundamental persons opinion only!

But anyway if you can explain that sentence very simply I would appreciate it!
Michelle
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