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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: NW_Trader who wrote (24675)	8/3/2001 1:31:28 PM
From: bazan	Read Replies (1) \| Respond to of 59879

Patrick, re:stem <<FWIW, a .618 fib retracement of the run that started the first part of May is about 4 and that retracement from the April low is about 3.69. >> I was hoping you could expound on you fib analysis statement above. I'm still trying to get a gripe on this technique using the FibCalc tool that Collin posted a month or so back. Can you tell me if that's correct? What exact values/dates are you using for your low and hi? I'm using the low of 5/1 and high on 7/23 which gives me $3.86 and we hit 3.88 today. Thanks. bazan