Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The Big Tex House of Coin -- Ignore unavailable to you. Want to Upgrade?

To: Jeff who wrote (16756)	1/17/2001 9:27:47 PM
From: Jeff	Read Replies (1) \| Respond to of 19297

remember.......take the point from were the run started to its highest point before falling...... NEOF.....ran from .88 to 1.62....... askresearch.com .88 to 1.62.....difference is .74....... 1/2 of 74 is .37...... 1.62 - .37 = 1.25.....first target...... but on most stocks coming from a steady base.....that first run normally hits the 62 retrace...... difference of .74 .... .74 x .62 = .46...... 1.62 - .46 = 1.16....... the price actually fell to 1.12 before it ran.....so again...the .62 was more accurate...... ETYS.....ran from .20 to 1.00 difference is .80 1/2 of 80 is 40......1.00 - .40 = .60......close right but...... .80 x .62 = 49.6.....1.00 - 49.6 = .50 ETYS low today.... .50...... askresearch.com anyway.....you get the picture........ just find stocks that run.....when they stop.....do the math..... then you have a potential target to shoot at.....roll

To: Jeff who wrote (16756)	1/17/2001 9:35:45 PM
From: Michael E. Baldino	Read Replies (1) \| Respond to of 19297

So in other words teach, the 50% retrace and 62% retrace actually form a "range" ....in the case of OPTO the buy in price was in the 1.15 ( 50% ) - 1.07 ( 62% ) area.... also, the SAR thingy.....we know this works!!! - LOL there are many now and we all know why BUT - during bearish times, does this work as well?? what would be your opinion on that.... Thanks in advance mikey <--the class clown