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The Fib time tool basically is an extension tool
of the fib days, in the sequence of the fib numbers. Its use is very short term.
Because the prices move fast in the first leg, and then takes more time, it can
be used as a time cycle to anticipate changes of price when they coincide with
the time frame.
DusantChief Architect<A
href="">http://www.candlestrength.com/
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
<A title=mpspencer@xxxxxxxxxxxxxx
href="">mpspencer_91755
To: <A
title=equismetastock@xxxxxxxxxxxxxxx
href="">equismetastock@xxxxxxxxxxxxxxx
Sent: Tuesday, May 18, 2004 11:05
AM
Subject: [EquisMetaStock Group] Fib time
lines
Has anyone been able to derive any utility from the Fib time
zone lines? I cannot for the life of me see how to use these
things. The Fib price retracement tool, while not very sophiticated,
does work like you'd expect it to work. The time tool, on the other
hand, appears completely useless. Does anyone else think that the
Fib time tool should work in a way that's analogous to the Fib price
tool....select an initial time interval and have the tool draw time
intervals at the usual Fib ratios?Has this been discussed
before? Has anyone taken Metastock to task on this? Among
numerous other details, I was hoping that Metastock had cleaned this up in
the last few years, but no luck.Mike
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