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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: - who wrote (757)6/14/1999 8:39:00 PM
From: Jerry Olson  Read Replies (1) | Respond to of 18137
 
Thanks Steve...all of a sudden everywhere i go people are talking about Fibs<g>...ha!!!it's on all the threads i hang at??? wierd...

wait till you get QCharts, have 3-4 stocks open and running , and each Fib retracement on an alert!!!!!

nice huh..don't even have to watch them hardly...alerts are fabulous for me...they have 5-6 different types too...super duper...

also Steve they have regression lines...like forks...or bollinger bands but straight lines...ya gotta see those!!! it looks like they attract and repell prices within the confines of those lines????

man the whole thing is a lot for me???..can't wait for someone smart like you to get into it..HELP????? whew!!! my head is spinning....<g>..



To: - who wrote (757)6/14/1999 8:45:00 PM
From: TraderAlan  Read Replies (2) | Respond to of 18137
 
Steve,

<Try doing one on the nets last move up... have they broken 62% yet? Not likely to see the old highs anytime soon>

On explosive growth stocks, try a second look with the fibs overlaying a geometric chart rather than an arithmetic one. Often provides a more useful guide to reversal points.

Alan