MyPivots
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koolblue
Rep: 48,651
Posts: 16,032
I cant wait to see how the talking heads explain tonites action!
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koolblue
Rep: 48,651
Posts: 16,032
covering 1014 area
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koolblue
Rep: 48,651
Posts: 16,032
out 1014 25...whew..plus 5.25.. now up 26.75...incredibly volital and fast moving!
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CharterJoe
Rep: 4,475
Posts: 2,352
Nice one kool.
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koolblue
Rep: 48,651
Posts: 16,032
Man, im havig to use 8 point stops or none at all on my scalps! thats just too crazy!
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koolblue
Rep: 48,651
Posts: 16,032
should be a good low around now!
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karend
Rep: 0
Posts: 65
kool, that's why I'm on the sidelines alot today...calling the right trade, but the whippiness requires a stop that is bigger than I like to use.
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koolblue
Rep: 48,651
Posts: 16,032
showing 1 min. peak around 3:26 or so, 1 and 5 min. low aroun 3:33-36. LOTS of shake coming?
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koolblue
Rep: 48,651
Posts: 16,032
WISE choice Karend, the only reason im goin nuts is i came into today up 65 for the week and frakly my goal is more like 10! SOif i were to drop 20 or so it wouldnt really hurt too much.ps: how bout that call for a good low at 3:15? LOL
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koolblue
Rep: 48,651
Posts: 16,032
I honestly think theres a fair chance we will see 1056 today. But who knows?
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koolblue
Rep: 48,651
Posts: 16,032
buying one at 1017.50
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CharterJoe
Rep: 4,475
Posts: 2,352
I love Pivots...daily, weekly, monthly, I love it even better when there's a sq of nine near by.

As to your 2nd question it really doesn't matter why .146 (its phi to the 4th power) and .25 (1/4 or 2/8ths) but it all has to do with sq of nine....from each of my sq of nine numbers is sq root + or - .25 and then squared reason being that has to do with squaring a circle. All that matters is that it works.....146 used to work beautifully but now it moves that much in 2 min, so I don't use that any more once the markets calm down it will be useful once again.