Re: [RT] NDX Update

["wd" <wd78@xxxxxxxxxxxx>]

I assume that you mean my response to Ira is missing, 
although my copy looks OK.  If that is what is missing, here it is 
again:
 

Ira:
 
You are not correct.  I do not know what you are 
describing, but it is not a bullish Gartley, which has ~80% 
predictability.  The Gartley and Butterfly are not just simple Fibonacci 
retracement patterns with "average" reversal statistics, but rather multiple 
Fibonacci relationships that together produce a Gartley/Butterfly.  As 
noted in "Profitable Patterns for Stock Trading" by Pesavento, page 33, a 
bullish Gartley has a number of defining characteristics, 
including:
 
1.  AD will usually be .618 or .786, but can also 
be .382, .5, or .707, and once in a blue moon 1.00
 
2.  AB = CD
 
3.  BC = .618 or .786 of AB
 
Bill
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  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  <A title=nwinski@xxxxxxxxxxxxxxx 
  href="mailto:nwinski@xxxxxxxxxxxxxxx";>Norman 
  To: <A title=realtraders@xxxxxxxxxxx 
  href="mailto:realtraders@xxxxxxxxxxx";>realtraders@xxxxxxxxxxx 
  Sent: Saturday, December 16, 2000 4:01 
  PM
  Subject: Re: [RT] NDX Update
  
    Your acompanying commentary seems to be 
  missing?  Please post your chart again with your insights attached. 
  
   
  Thanks,
  Norman 
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    wd 
    To: <A title=realtraders@xxxxxxxxxxx 
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    Sent: Saturday, December 16, 2000 8:54 
    AM
    Subject: [RT] NDX Update
    
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