MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 685.40

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Jan 21 4:00 PM EST

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To: HairBall who wrote (78990)	6/19/2001 3:55:24 PM
From: eichler	of 99985

LG, I came up with my approximation using the "lazy man's" approach. On the IQ charts, there is a fib retrace tool in the tool box; it takes about a second to overlay the grid on the high and low considered and stretch it to fit. I then eyeball the corresponding figures on the chart. Not exactly accurate but close enough for a ceegar. ggg I'm finding the market itself is not always that accurate either, for that matter! Regards, Eichler

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