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Hey Stig,
Bryce Gilmore wrote about the STATIC Fib Timing stuff in 1986, 1988 & 1993
: In Time and Price Analysis of Stocks and Commodities and Geometry of
Markets and Geometry of Markets II. And yes the stars also confirm the fib
relationship. Larry Pesavento and Bryce were pretty good buddies.
I would have thought the Fib timing was pretty well covered and needed no
mention in that last thread, but I guess I am not always on the button. It
is useful but is not the holy grail
Gann's 144 degree cycle lines up with the 21 week fib cycle and hey the 144
fib of anything. 88 calendar days is the Mercury cycle and 89 anythings is
Fib: 90 is Gann. All these relate nicely.
Fibonacci and gann are pretty related. But if you are only looking at
static counts of time on any market you may be guilty of hurting your
account. What is more important is how the time cycles in the market
(vibrations) relate dynamically. Then if that happens look at price,
pattern and trend let the market dictate the flow.
Have a look at Silver's last decent low : A great one to one relationship
in time and then a nice fib price retracement with a corrective pattern -
no impulse. Great confirmation of a CIT at $4.95. Textbook stuff. Not
all of them are that good.
Regards
David Hunt
http://homepages.tig.com.au/~adest
----------
: From: Stig Olausson <olausson@xxxxxxxxxxxxx>
: To: realtraders@xxxxxxxxxxxxxx
: Subject: Sv: Fibonacci and Time
: Date: Saturday, December 27, 1997 12:05 PM
:
:
: > RT's,
: >
: > The thread over the past week or so on Fibonacci has focused on price.
: >
: > Anyone with thoughts about Fibonacci and TIME??
: >
: > Ron
:
: This is very interesting!
: Everybody seems to have an opinion on Fib and PRICE while the issue of
fib
: and TIME is met by compact silence!
: Is it because nobody nows anything about the subject or are the
: professionals holding back?
:
: I got a few of Larry Pesavento's books for Christmas, where you can read
: about the Venus -Uranus cycle;
: Now, it seems that the time it takes from Conjunction to Conjunction is
225
: days and if we divide that figure with 365 the answer is 0,618!
: Familiar?
: Just for fun I have put an arrow on all the dates where we have had an
: aspect between the two planets, as seen from the earth, (0, 60, 90, 120
and
: 180 degrees) on the Jan Soybean contract. Interesting don't you think?
:
: The Mars-Jupiter conjunction to conjunction is 2,23 years. However every
: other conjunction is 4 1/3 years or 233 weeks, another Fibonacci number.
: I have market the aspects for Mars-Jupiter on the March 98 T-Bond
contract
: the same way I did above.
:
: Could there be that there is a Fib relationship with regard to time?
: And if there is, is it beacuse "everybody" believes in it, or could there
: be another explanation?
:
: Regards
: Stig
:
:
:
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