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Man, that is weird... I noticed the same thing the other night. It was
quite late and I was very tired and I really wasn't using the
support/resistance for my immediate analysis so I shook my head, put the
chart aside, and went on to other charts. The line was in the right place
physically, but the price level it indicated was wrong. I didn't have time
to look at it more closely that night.
I hate to say but this seems to be an intermittent problem with this drawing
tool. Sometimes the calculations are right and sometimes they're not....
The Omega Man
----- Original Message -----
From: <Leukocyte1@xxxxxxx>
To: <editorial@xxxxxxxxxxxxx>; <omega-list@xxxxxxxxxx>
Sent: Sunday, June 13, 1999 11:47 AM
Subject: SUPPORT/RESISTENCE IN TS2K
> Anybody have this problem??
> Using the drawing tool, I go to "support/resistence. Then I apply it to a
> chart. In using the dow I use the oct low to the all time high. I use the
> .38, .5 and .62 retracements. On the chart it shows the retracements,
> HOWEVER, when I left click and hold on the one of the retracdement lines I
> get a number that is different form what is drawn. On the dow chart it has
a
> 50% retracement of 9267 approx, but the lil red line on the chart is on
> 9083!!!!!!!! Is there a bug in the calculations???? Anybody else have this
> problem. I guess you would not know it unless you left clicked and held on
> the line and then compared, but they are way off on the daily and intraday
> (less so though).
> anybody care to check this out???
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