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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (71257)	6/27/2005 9:37:24 AM
From: Real Man	Read Replies (1) \| Respond to of 94695

I agree, but these help to pinpoint a turn exactly, just as written there. The stuff I use is very unsophisticated - just the trend lines, support/resistance, with Fibonacci price/time levels helping to identify these levels. If something approaches a strong resistance level with an overbought condition, I bet that it will decline from there. -g- The same goes for oversold/support. I still need to build a system on Fibonacci, since I think this is the key to inherently fractal markets.