John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (1525)	5/8/2000 10:22:00 AM
From: Chip McVickar	Read Replies (1) of 33421

John, I have a question that I've been meaning to ask...? When markets retrace to Fib areas, what do you look for to determine how to trade the move...? Do you expect reversals, how do you use these areas...? Take for instance your 50% retrace on the bonds. Do you make a conjecture as to direction or use them as a focal points for other interpretation? geocities.com Signed up at Prechter's web site for the open week. A lot there. Thank You for the heads up.... Chip

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