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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: The Reaper who wrote (201378)5/8/2009 6:51:10 PM
From: PerspectiveRead Replies (1) of 306849
 
I'm afraid that 45.70 is indeed the 50% retracement point. When is everyone going to get beyond simple arithmetic and start using logarithms? <g>

10^(LOG(high/low)*retracement)*low

You can convince yourself it works for the following pretty easily:

high=1000
low=10
retracement=0.50

BC
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