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On Monday, April 15, 2002, 8:29:58 PM, bondo92677 wrote:
b> Just like everything else, it works and doesn't work.
Yep - I was just trying to see if we could find the probability, just
like with anything else. Work/don't work is binary - I was just trying
to get a better measure, that's all.
b> when you mention fibos, you're not only mentioning .618, .382,
b> .236, .146 retracements but reciprocals, and roots and power
b> levels. You can use fibos for extension targets, alternate wave
b> comparisons, and time targets.
OK, but I'm missing your point.
b> If it worked you made money, if it didn't you lost a few tics.
If the probability of 'working' is .05, you will soon be broke. :-)
b> Show me something that works all the time and I'll be The Amazing
b> Randi.
Ummmm.... I don't think anyone was asking for something that worked
all the time. Can you point to a post that asks for that? A probability
doesn't mean it works all the time, as Vegas visitors know well. :-)
ztrader
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