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Technology Stocks : INTEL TRADER
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To: Berney who wrote (10688)1/22/2002 5:09:28 PM
From: Trading Machine  Read Replies (1) of 11051
 
Wanna see a Fibonacci Mother? AKA 401K - 30%!

Where's the Beef??? Well, folks had better be asking where's Peter Lynch??? Mr. Lynch's baby, the Fidelity Magellan fund is tak'in a lik'in but keeps on tik'in!! ggg

At the top-o-the-bear on 3.24.00, FMAGX had a net asset value (NAV) of $146.77 and destined to "go on up!". Well needless to say, It didn't. To date it is, (like a lot of other stuff) down ~30%! This is while the SnP over the same period is down 25.7%. Hmmmm

It is however, a well trained Fibonacci Mother! Pick your choice, either 38%, 50%, or 62%, but follow the Fib retracement lines it does. Now's all one has to do is guess which one! hehehe.

angelfire.com
tells the story.

Now back to SQ!gggg

Paul K.
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