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To: HairBall who wrote (79004)6/19/2001 6:33:46 PM
From: Jack of All Trades  Read Replies (1) | Respond to of 99985
 
OK Thanks...



To: HairBall who wrote (79004)6/19/2001 7:36:52 PM
From: ajtj99  Read Replies (1) | Respond to of 99985
 
LG, didn't the move from 2328 to around 2100 negate 2328 as the top, making 2264 the top? My understanding is to sustain the move, a .618 re-trace is necessary. The drop was greater than .618, so the 2264 should serve as the top for re-traces down.

A .382 re-trace of the 1636 to 2264 move would be 1875. That makes more sense to me. I'd appreciate your thoughts on that.



To: HairBall who wrote (79004)6/19/2001 7:39:07 PM
From: Rick Faurot  Read Replies (1) | Respond to of 99985
 
.786 is the square root of .618