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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Libbyt who wrote (10112)	10/28/2002 11:24:33 PM
From: SusieQ1065	Read Replies (1) \| Respond to of 57110

hi Libby...;-)...well if i had bothered to draw Fib's on these before....then it would have given a very clear view of where they were going... KLAC for instance....the Fib School of Thought would have you believe that two weeks of Closes over $28, means a test of the next level is coming...($36.31) well, it tested that next level today and found some profit taking... and it really had Double Resistance right there...because of the Declining 20WMA at $35.88... so it may have been a good setup for a short...