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VO
VOwater
Rep: 133
Posts: 4,121
GM Traders running behind

Daily pp: 896.75
POC: 903
MA
Margie
Rep: 94
Posts: 364
I know someone said it earlier today. Search "popstocks", he did a video about the cycles and price, also.
BR
Bruce Johnson
Rep: 130
Posts: 193
Trouble is that GMAC was not approved for bank status i.e. TARP funds. 49% of GMAC owned by GM and the other is owned by the hedge fund that owns Chrysler, GMAC headed for bankruptcy, others probably will follow
VO
VOwater
Rep: 133
Posts: 4,121
bruce not sure about 62.5? where does that come from
VO
VOwater
Rep: 133
Posts: 4,121
turk...886 is perfect fib number...that is what we retraced to
MY
myptofvu
Rep: 2,018
Posts: 666
stop limit long 899.00
BR
Bruce Johnson
Rep: 130
Posts: 193
Take the first 13 minute bar of the day and i.e. bar closing at 9:43 EST off of the ESZ08.D chart and set the fib tool from high to low that establishes your price S/R for the rest of the day. Configure the S/R levels from the day before to be hashed lines. chart to follow
BR
Bruce Johnson
Rep: 130
Posts: 193


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VO
VOwater
Rep: 133
Posts: 4,121
here are the retracement numbers I use...you will find that .886 is powerful number

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BR
Bruce Johnson
Rep: 130
Posts: 193
watch it for a week it is really quite accurate and the chat room it came from charges $200 month. Not stolen just figured out
VO
VOwater
Rep: 133
Posts: 4,121
l @ 98.50
RE
redsixspeed
Rep: 4,111
Posts: 1,711


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