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Strategies & Market Trends : Waiting for the big Kahuna
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To: bobby beara who wrote (26781)9/7/1998 11:10:00 PM
From: Investor-ex!  Read Replies (1) of 94695
 
bobby,

If one were to use closing highs rather than intra-day highs, the base point is moved back to 7/17. I prefer to use closing prices, as they are reported more widely than intra-day levels. This moves Fib55 to Thursday/Friday, 9/10 & 9/11, just in case one might want to get a jump on the next turn.

Have a nice trade!
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