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Amazing Fib



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The S&P cash went exactly to a 38.2% retracement since the downtrend
and bounced off it twice.  The top of a Bollinger Band resides at the
same location.  Do you think this may be a self fulfilling prophesy
since so many traders set their stops at Fib levels?  Although it
often happens with Mutual Funds and there could be no stop influence
there.  How do it know??