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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Venditâ„¢ who wrote (14994)10/21/2000 5:46:17 PM
From: brk  Read Replies (1) | Respond to of 19374
 
read this on another thread......what is a fibro retracement ?

the markets have ran 500 pts in 5 days, bumping up against a fibro retracement of 3515, which we moved over, but didn't close over. That's our new resistance area. We didn't close above that, therefore I'm expecting us to consolidate a bit, before moving higher.

Regards - b