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<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- 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 2:37
PM
Subject: Re[6]: [RT] Fibo
predictions
On Saturday, April 13, 2002, 11:10:12 AM, wavemechanic
wrote:w> Are you thinking that confluence is associated
with Fibs only?w> Could it be extended to any coincidence
of indicators?w> As long as the indicators are truely
different (e.g., velocity vs acceleration, etc.).How about a 50 ma and
a 200 ma with identical values, and price isapproaching this value? Would
this 'confluence' have more importancethan if the two ma's had quite
different values?
I take it back. Indicators
do not play the same role (price projections) as the confluence of fibs
generated in different
ways.ztrader------------------------
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