Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 683.47

+0.6%

4:00 PM EST

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To: GROUND ZERO™ who wrote (23319)	8/9/2011 10:54:48 AM
From: Wayners	1 Recommendation Read Replies (1) of 219472

Low on futures last night was 108 even...I get slightly different answers depending on whether I'm using log chart which is what I normally use or arithmetic chart and futures vs. SPY. I just say ballpark 105 to 107 is about right. For a big move like this prefer to zoom out and use weekly chart and just draw the lines on it. Getting the lines exact takes more work and requires breaking out the slide rule and calculating the actual line intercepts....F that! That's YOUR job as thread moderator:-)

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