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For those of you that use fibonnaci extensions (and possibly EW, as I do),
an excellent example that it should be "considered" in any trading strategy.
Two hits in my book.
The attached ABC consolidation off a major December low, was a perfect 1.0
times Wave A = Wave C (added to the depth of Wave B) so far, top was tagged
almost to the tic . . . then the l"apparent" low on 2-9-01 today ( a .618
retracement level off the low to the recent high) . . . this works allot by
the way . . .
don ewers
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