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Non-Tech : MB TRADING -- Ignore unavailable to you. Want to Upgrade?

To: max who wrote (4948)	6/19/1999 11:31:00 PM
From: Rick Faurot	Read Replies (2) \| Respond to of 7382

max, Hey, many thanks for the major effort. I printed out your post and brought up the chart and set the lines. It makes sense and I see the point. One problem I am having is that I cannot tell which fib line is which since they don't appear to be labelled. Maybe I'll pick that up after a while.. a bit like playing a fretless guitar. My first take on your example is that I am looking at support/resistance lines that might be readily visible without a complex formula; but I'm not dismissing the technique. I know these fib lines are supposed to reflect rhythms that occur in nature. I don't see any other indicators that would have called a trade for me at 10:00, but there is an MA up cross at around 14:27 that corresponds with break up through your second .38 pivot that might have been a pretty hot buy signal, especially if the spoos were heading up then. This is an interesting tool. Thanks again for the help. Rick