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Thanks for the reply, yes this is an old trademan's trick. Measure something
4 inches one way, 3 the other, and if if is 5 inches between, then you have
a square. I still don't know how that is getting anyone a target. Here is a
simplified example of what I mean.
If the starting point were 10 (the high) and you subtracted a down move of 4
points and got 6 (the low), and it was 3 days in time. (4x4=16 and 3x3=9) so
16+9=25 and the square root of 25 is 5. Would you subtract 5 from 6 (the
low) and say the target was 1? Of subtract 5 from 10 (the high) and say the
target is 5?
Brent
> Hello Brent,
>
> Wednesday, January 05, 2000, 8:18:23 PM, you wrote:
>
> B> Anybody out there in Traders-land want to try and show with a visual
chart
> B> what this Pythagorean Method (that Adam and Eve came up with:-)) looks
> B> like. I gave it a try and came up dry.
>
> B> Brent
>
>
>
> Obviously r1=3 r2=4 then r3=5 all mathematical variants of this are
> to be handled the same. In Cynthia Kase book she uses this method
> to determine the future possible move. She does not call it by the
> same name you do. She in her book calls it the WAVE of 3's I
> belive.
>
> --
> Best regards,
> Mark Brown mailto:markbrown@xxxxxxxxxxxxx
>
>
>
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