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Strategies & Market Trends : Ask DrBob
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To: HairBall who wrote (39736)7/12/2001 2:38:25 PM
From: exeric2  Read Replies (2) of 100058
 
Just my 2 cents, Dr Bob knows more than me. I tend to think of any retracement greater than about 62% makes the previous trend suspect. Right now we've retraced about 50% between the previous July 2 high and the July 11 low.
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