Yup. This fucking became the only show I. Town. It sucked in everyone who sat on the sidelines. Feel sorry for folks who got in this year and are seeing their accounts plummet . The zero interest rates at banks for so long just becomes unbearable where u go out and talk to everyone who is making money. I have an super intelligent friend at work. He arrogantly said qqq (at 408) will give us 20% return for the rest of our lives. He just believed it. Only goes up. Tech will save us. The hysteria everyone got caught up with.
%% Good read\ but dont need to know the low for a 50 % retracement, as their well explained example mispoke, but mostly right example. Sounds like a SPY target. Say FB hi hit almost $400[$384+ ]; 50% pullback = $200 area. 89%= $38 area. i used rounded umbers buts that ok Fib #s dont predict exactly..................................................... QQQ hit almost 89% pulback in bear of 2000-2002\ so FB could easy pullback more than 89%or $38 area. NOT a prediction. Fibos everywhere,