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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Jerry Olson who wrote (25053)	6/10/1999 11:29:00 AM
From: Patrick Slevin	Read Replies (1) of 44573

I've seen it on Q-Charts....been thinking about signing up for it. I watch it on one machine using the Free Site now. The Fib tools I use...well, the one I was referring to...is on PC Quote, very similar. Also, it's been pretty accurate of late. For example a few days ago I saw a retracement likely from where it was around 1317 down to 1312 with a target of 1329 and change. So I put in a Buy order at 1312 It was last Friday, now that I think of it, because I play golf every Friday and I was running out to a game. When I got back, sure enough, it had dipped to 1311.50 and closed just under 1330. Made me a believer . But I've been using a home grown Fib tool for a long time anyway. I use it to try to determine intraday retracements and targets as I day trade. Works pretty well, it just runs on a DOS program and it's a bit of a pain as I have to keep changing line items to establish range points. Not as easy as graphical software. But it keeps me out of trouble.

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