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ZT:
How many random lines do you want to draw? Draw enough and the
whole chart will be filled with lines. The Fibo studies usually look at a
limited number, so would you use the same number?
Bill
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
ztrader
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Saturday, April 13, 2002 1:16
PM
Subject: Re[4]: [RT] random price moves
in ES?
On Thursday, April 11, 2002, 7:08:41 AM, Lee Morris
wrote:LM> I think a discussion on fib levels would be great, but I
question the valueLM> of pursing the very academic question regarding
random lines.The question is, do Fibo lines have a greater probability
ofindicating a turning point than random lines. To compare the two it
isnecessary to 'draw' random lines for comparison. Not academic,
justnecessary to answer the
question.ztrader------------------------ Yahoo! Groups
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