Five and Under

[javalin]

bb-re murreymath--i use this little dos program all the time-on this page it is amm.exe--after it's downloaded-put in your stocks low say for the last 16 days -then put your stocks high for the last 16 days---it will give you good info especially when you learn murreymath a little
http://groups.yahoo.com/group/mmxapp/files/

bb when you see one of my charts--use this to watch it with

here is some explanation of the 8/8 resistance points

8/8 th's (Ultimate Resistance)
This line is the hardest to penetrate on the way up, and give the greatest
support on the way down. (Prices may never make it thru this line).
7/8 th's Line (Weak, Stall and Reverse)
This line is weak. If prices run up too far too fast, and if they stall at this
line
they will reverse down fast. If prices do not stall at this line they will move
up
to the 8/8 th's line.
6/8 th's and 2/8 th's Lines (Pivot, Reverse)
These two lines are second only to the 4/8 th's line in their ability to force
prices to reverse. This is true whether prices are moving up or down.
5/8 th's Line (Top of Trading Range)
The prices of all entities will spend 40% of the time moving between the
5/8
th's and 3/8 th's lines. If prices move above the 5/8 th's line and stay
above it
for 10 to 12 days, the entity is said to be selling at a premium to what one
wants to pay for it and prices will tend to stay above this line in the
"premium
area". If, however, prices fall below the 5/8 th's line then they will tend to
fall
further looking for support at a lower level.
4/8 th's Line (Major Support/Resistance)
This line provides the greatest amount of support and resistance. This
line has
the greatest support when prices are above it and the greatest resistance
when
prices are below it. This price level is the best level to sell and buy
against.
3/8 th's Line (Bottom of Trading Range)
If prices are below this line and moving upwards, this line is difficult to
penetrate. If prices penetrate above this line and stay above this line for
10 to
12 days then prices will stay above this line and spend 40% of the time
moving
between this line and the 5/8 th's line.
1/8 th Line (Weak, Stall and Reverse)
This line is weak. If prices run down too far too fast, and if they stall at this
line
they will reverse up fast. If prices do not stall at this line they will move
down
to the 0/8 th's line.