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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Jack of All Trades who wrote (1866)	5/31/2000 8:09:00 AM
From: Chip McVickar	Read Replies (1) \| Respond to of 33421

Morning Jeff, I use the fibs as easy reference points, much the way John does on his charts. But depending on the price action in the bar formations I could get out earlier. I get nervous at 50%....<smile> And don't like leaving a profit on the table..., Around the .618 it usually looks like I was wrong in the trades duration and strength. But even at .618 depending on the interday bar activity I might wait longer. Today for the move I've targeted 1398 and 1385 as key zones. How about you...? Chip