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Re[6]: [RT] random price moves in ES?



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On Saturday, April 13, 2002, 11:02:34 AM, wavemechanic wrote:

w> How many random lines do you want to draw?  Draw enough and the
w> whole chart will be filled with lines.

Of course, because they fill up the entire 'space' in which events can
occur. This can occur with many lines, each with a small band around
them, or a few lines, each with a large band. I believe it is easier
to fool most people with the 'many lines' case, but one can be fooled
in many ways. :-)

w> The Fibo studies usually look at a limited number, so would you use
w> the same number?

Let's say a comparable number. The real issue is the relative 'space'
taken by the techniques, not the number of lines.

ztrader


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