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Dan:
Please be aware that Neal is a sales rep for "fib nodes" of DiNapoli.
I have used fib nodes and found the book useful but the software is
cumbersome and requires constant input of numbers to make the calculations
and it did not run on TS when I tried it, but as a separate program.
Mr. Hughes may be successful catching a javlin at times, but it is a much
more risky approach than waiting for some type of confirmation before
entering. I would be very careful with this approach and you will not find
fib levels to be some magical level that you can just repeatedly catch the
javlin without taking bigger risks.
Just mho.
Neal: Revealing your affiliation with DiNapoli would be the most honest
approach in the future,
Don
----- Original Message -----
From: <dansfuture@xxxxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>; "Neal Hughes" <neal@xxxxxxxxxxxxx>
Sent: Wednesday, September 26, 2001 11:29 AM
Subject: Re: Tops & Bottoms
Thank You Very Much!
Dan
dansfuture@xxxxxxxxxxxxx
----- Original Message -----
From: "Neal Hughes" <neal@xxxxxxxxxxxxx>
To: <dansfuture@xxxxxxxxxxxxx>; <omega-list@xxxxxxxxxx>
Sent: Wednesday, September 26, 2001 12:24 PM
Subject: Re: Tops & Bottoms
>
> There are several good sources for Fibonacci trading. I'm a DiNapoli
convert.
> There is a bunch of free info on these two websites:-
> http://www.fibnodes.com
> http://www.fibtrader.com
>
> You could also research works by Krause and Miner.
>
> Too often Fibonacci techniques are presented in a confusing
> complicated way. That's what I like about DiNapoli techniques,
> the poetic hocus-pocus stuff is dispensed with. Only the more
> reliable and practical aspects are used.
>
> -Neal.
>
> At 12:15 PM 9/26/2001 -0400, dansfuture@xxxxxxxxxxxxx wrote:
> >Hi Neal,
> >
> >Thanks for your email. I Appreciate it. I don't know anything about
using
> >Fibonacci levels/applying that to trading really so where would you
> >recommend I start to learn/look?
> >
> >Thank You,
> >Dan
> >dansfuture@xxxxxxxxxxxxx
> >
> >----- Original Message -----
> >From: "Neal Hughes" <neal@xxxxxxxxxxxxx>
> >To: <dansfuture@xxxxxxxxxxxxx>; <omega-list@xxxxxxxxxx>
> >Sent: Wednesday, September 26, 2001 12:04 PM
> >Subject: Re: Tops & Bottoms
> >
> >
> > >
> > > Dan, you really should look into Fibonacci.
> > >
> > > I closed a good trade yesterday, went
> > > long Boeing last week when it dropped.. People think
> > > I'm nuts, "catching a falling knife". Hehe..
> > >
> > > These markets are performing well to Fib levels, I
> > > couldn't trade without them.
> > >
> > > -Neal.
> > >
> > >
> > > At 11:58 AM 9/26/2001 -0400, dansfuture@xxxxxxxxxxxxx wrote:
> > > >Hello Everyone,
> > > >
> > > >Has anyone in this group found any moving average(s) or indicator(s)
or
> > > >group/combination thereof or whatever that is fairly accurate and
> >consistent
> > > >at indicating a Top or a Bottom?
> > > >
> > > >I have no delusions about finding the "Holy Grail" by asking this
> >question
> > > >because no such thing exists, but if there is anyone who has found
> >something
> > > >or some things which are reasonably accurate and consistent at
indicating
> >a
> > > >Top or a Bottom and they would like to share it with me - Thank You.
> > > >
> > > >I've become a little too closed-minded and cynical about certain
aspects
> >of
> > > >trading things so perhaps someone out there has something.
> > > >
> > > >
> > > >Thank You,
> > > >Dan
> > > >dansfuture@xxxxxxxxxxxxx
> > >
> > >
> > >
>
>
>
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