SI
SI
discoversearch

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.
Non-Tech : Raptor's Den -- Ignore unavailable to you. Want to Upgrade?


To: mansan who wrote (4516)10/17/2002 10:47:55 AM
From: skinowski  Read Replies (1) | Respond to of 10157
 
Nothing is a 'must', I suppose... 38 - 50% would be typical, but hardly a must. I believe there is another popular Fibo, I believe, 21%+ or close to it, can't recall at the moment.



To: mansan who wrote (4516)10/17/2002 10:52:21 AM
From: velociraptor_  Respond to of 10157
 
If the market is exceptionally strong, than it could retrace a mere 23% instead. However, it is possible that the market may not have finished the upside move based on today's action, and the retrace has not started yet.

Hard to make sense of something with so many holes, but my overall interpretation right now is not good.