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You have to draw a picture for me to understand
what you are saying.
I cannot find (in all the literature I have) any
instance in which the
use of two legs of a cycle are used for Fib
computations.
Open to something new!
Clyde
- - - - - - - - - - - - - - - - - - - - - - -
- - - - -Clyde Lee
Chairman/CEO (Home of
SwingMachine)SYTECH
Corporation email: <A
href="mailto:clydelee@xxxxxxxxxxxx";>clydelee@xxxxxxxxxxxx 7910
Westglen, Suite 105
Office: (713) 783-9540Houston, TX
77063
Fax: (713) 783-1092Details
at:
www.theswingmachine.com- - - -
- - - - - - - - - - - - - - - - - - - - - - - -
<BLOCKQUOTE dir=ltr
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:
Neal Hughes
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Wednesday, April 17, 2002 9:06
PM
Subject: Re: [RT] Fw: FIBO
Display--correction
Hi Clyde...To do expansions correctly you need
3 data points an ABC swing.It seems from your gif you are using two data
points only?I realize most software packages do it incorrectly, but
they arewritten be programmers, not traders.-Neal.At
08:01 PM 4/17/2002 -0500, you wrote:
Lost somewhere in the Yahoo!
limbo I guess -- Sent before 3 pmCorrected by using proper .gif
Clyde ----- Original Message -----
From: Clyde Lee
To: <A
href="mailto:Realtraders@xxxxxxxxxxxxxxx";>Realtraders@xxxxxxxxxxxxxxx
Sent: Wednesday, April 17, 2002 2:37 PMSubject: FIBO
Display--correctionThere have been many
ideas advanced about how Fib values are used. I got to
wondering what would happen if we selected a series of swingsfrom some
significant pivot/turning point and looked at what happenedto Fib lines
from ALL of these at once. See the attached AND PLEASE COMMENT
!!!!! Remember, all of these lines could have been drawn on
9/17/2001if you had believed that was a significant low. Maybe we
would havewaited to 10/12 or so but that is still a long way
back. I just noticed I was plotting fib lines from the
beginning of eachtrendline rather than
from the common ending of each trendline<FONT face=arial
size=2>as it should have been. <FONT face=arial
size=2>Clyde - - - - - - - - - -
- - - - - - - - - - - - - - - - - -Clyde Lee
Chairman/CEO (Home of
SwingMachine)SYTECH
Corporation email: <A
href="mailto:clydelee@xxxxxxxxxxxx";>clydelee@xxxxxxxxxxxx 7910
Westglen, Suite 105
Office: (713) 783-9540Houston, TX
77063
Fax: (713) 783-1092Details
at:
www.theswingmachine.com- -
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