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Strategies & Market Trends : MP - Market Pulse
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To: HairBall who wrote (722)7/18/2001 11:53:49 AM
From: peter n matzke  Read Replies (1) of 1328
 
LG, You certainly express the proper attitude for learning and growth, which is certainly a rare concept for many
of the message boards or people on SI. I plead ignorance as i have not read much on your thread but in the spirit of
cooperation i would like to post a chart.

i hope this works
geocities.com

regards
peter

fibonacci circle was drawn off of the previous high, and points toward areas that may become support or resistance each circle is 1.618 larger than the previous circle
Fib retracement is drawn from high to low
the last retest bounced up to the .382 line and reversed back down
the blue lines are potential time turning areas, not all will be significant, possibly retrace to the right hand corner 39/-51
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