Fibonacci level at 13.327 for Dow Jones
1.618 of the move down from 12.795 to 11.933
Just broke the level - i guess someone is reading the Fed statement
Are da boyz breaking da Fibonacci
Started by
relax
, May 09 2007 11:52 AM
3 replies to this topic
#1
Posted 09 May 2007 - 11:52 AM
#2
Posted 09 May 2007 - 12:18 PM
Fibonacci level at 13.327 for Dow Jones
1.618 of the move down from 12.795 to 11.933
Just broke the level - i guess someone is reading the Fed statement
My understanding of things here is: it does not matter in the least bit what the darn statement says.
Actions are what speak volumes; words are to be crafted to convince the crowd.
#3
Posted 09 May 2007 - 12:24 PM
Agree!
The words really don't matter for the economy and don't really reflect reality
what do you see happening from here?
Poistive reaction to Fed?
The words really don't matter for the economy and don't really reflect reality
what do you see happening from here?
Poistive reaction to Fed?
Fibonacci level at 13.327 for Dow Jones
1.618 of the move down from 12.795 to 11.933
Just broke the level - i guess someone is reading the Fed statement
My understanding of things here is: it does not matter in the least bit what the darn statement says.
Actions are what speak volumes; words are to be crafted to convince the crowd.
#4
Posted 09 May 2007 - 12:34 PM
Positive followed by negative. How soon after is the gamble. Typically after the close.