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To:
SirRealist
who wrote (
208744
)
5/18/2012 3:59:50 PM
From:
lindalib
1 Recommendation
 
Read Replies (1)
|
Respond to
of 208785
Seeing a number of stocks bouncing up from 52 wk lows...would not want to be short on Monday.
To:
SirRealist
who wrote (
208744
)
5/18/2012 4:19:16 PM
From:
SirRealist
Respond to
of 208785
Takes me three tries to get my math right.... From December closing low (1523) to March closing high (3123) is a 600 pt rise. A Fibonacci retrace means we should expect a close of 2752. So if we get a big selloff Monday that dips below that, I'd expect a nice rebound before the day is out.
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