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Donald Thompson wrote:
> What I'm thinking is that price will not go to the tick of a .618 ratio
> since there are not an infinite set of numbers to accomodate the energy
> of price. So it will settle statistically around the ratio.
>
> Don
Don,
I believe that your theory is quite correct.
Simple point here though.
If Fib ratios are all ratios, and all ratios are present all the time,
then any ratio at any given time, is a random occurence.
How do you trade it????????
Walt :)
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