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<DIV><FONT size=2>If I begin from the March 2000 High, I am quite out of April
2001 low.</FONT></DIV>
<DIV><FONT size=2>(27 days and the worse thing is that the next vertical line
will be much later)</FONT></DIV>
<DIV><FONT size=2>If I begin from minor Sept 2000 high, I buy 5 daysbefore
April 2001 low.</FONT></DIV>
<DIV><FONT size=2>(There is a simple question here: Why I have to buy? Shall I
buy in any </FONT></DIV>
<DIV><FONT size=2>Fib vertical line?)</FONT></DIV>
<DIV><FONT size=2>As for MACD, what is the proposal?</FONT></DIV>
<DIV><FONT size=2>Buy at A, sorry, a whipsaw, buy again at B, sorry, sellat C,
sorry, buy</FONT></DIV>
<DIV><FONT size=2>again at D and this will be your lucky time?</FONT></DIV>
<DIV><FONT size=2>This is not serious.</FONT></DIV>
<DIV><FONT size=2>In other words, the main problem with MACD is the well
known</FONT></DIV>
<DIV><FONT size=2>whipsaws which may cause a great damage, especially if you are
the type</FONT></DIV>
<DIV><FONT size=2>of day-trader who would risk to buy the day
before.</FONT></DIV>
<DIV><FONT size=2>My question for Fibonacci sequences is simple :Where isthe
begining of</FONT></DIV>
<DIV><FONT size=2>"time". As I read, at a distinct high or law. Is this
correct?</FONT></DIV>
<DIV><FONT size=2>Any answer appreciated.</FONT></DIV>
<DIV><FONT size=2>Best regards</FONT></DIV>
<DIV><FONT size=2>Dimitris Tsokakis</FONT></DIV></BODY></HTML>
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