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Microcap & Penny Stocks : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?


To: Ruyi who wrote (19447)4/12/1999 7:46:00 PM
From: RG  Respond to of 37507
 
Just like your projection of markets being way down because of Compaq?



To: Ruyi who wrote (19447)4/12/1999 7:48:00 PM
From: Tom Gordon  Respond to of 37507
 
Dagan,the retracements were of the 35% magnitude.



To: Ruyi who wrote (19447)4/12/1999 7:59:00 PM
From: Denise D  Read Replies (1) | Respond to of 37507
 
Uh oh, better brush up on your math Doug. Retracement of 50% from $16.70 (old high) to $32.35 (new high) is $24.55.

Denise.



To: Ruyi who wrote (19447)4/12/1999 8:00:00 PM
From: WhatsUpWithThat  Respond to of 37507
 
It DOES (ie. retrace to 50%)? Last retracement was it went in a single day to a high of $17.55 but didn't hold it, closed lower. Lowest it got in the retracement over the next few days was $12.10, which isn't 50% even from the failed intra-day high!

Basic math, Dagan. Take a look at the chart:
chart.stockwatch.com and enter BII.

WUWT




To: Ruyi who wrote (19447)4/12/1999 11:08:00 PM
From: F. Evans  Respond to of 37507
 
>>>Based on your comments we should see $16.00 before any new highs then since it always seems to retrace 50% when it can't hold new highs <<<<

Dagan, I won't mind if it goes to 16 before rocketing to new highs again...no-one said we had to reach new highs by this week! Go back to your holiday....you must really be lonely.

Frank