What type of DAQ card are you using?
If it has a counter on it, you should be using that instead of an
analog input channel. Counters can provide very precise timing
information from digital signals. They can give you a simple pulse
count, frequency, period, pulse width, position for encoders and edge
separation. You'll get much better timing a lot easier.
Have a look through the examples that ship with LabVIEW. There are some good ones that show the basic use of counters.
Try that and see if it gets you going in the right direction. If you need more information, post here agin.
Ed

Ed Dickens - Certified LabVIEW Architect
Lockheed Martin Space
Using the Abort button to stop your VI is like using a tree to stop your car. It works, but there may be consequences.