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Lenny,
Well I do watch the levels for support and resistance (inside of my AGET
stuff as targets are reached and the gator which I like, as you know).
Amazing how it sometimes respects what I call the half eighths (1000/8 =125
(major eights), 125/8 = 15.625 (regular eighths), 15.625/2 = (half
eighths)). Since I find the "regular eighths" too wide trading-wise I
halved them (you would be suprised if you trade intra-day the ES what goes
on at times).
The best approach is sometimes what works for you and a combination of
individual methods, depending on what you trade?
don ewers
----- Original Message -----
From: <rosow@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Sunday, January 20, 2002 6:44 PM
Subject: Re: [RT] Re: [gannsghost] SP/NDX update
> In a message dated 1/20/2002 6:51:08 PM Eastern Standard Time,
> dbewers@xxxxxxxxxxxxx writes:
>
>
> > happens to be a major "eighth" also.
> >
>
> Don,
> You're not going Murrey Math on me are you??? : >)
>
> Lenny
>
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