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Yeah, I understand that one BUT only one leg is
used to determine
the length from which to compute the lengths for
the projections.
All this does is make a projection from a pivot
using not the last
leg but the next to last leg for computation and I
note that he calls
it the ALTERNATE method -- which seems to me to
indicate the
PREFERRED method uses the last rather than next to
last leg.
Thanks for giving me the specific reference.
Clyde
ps: That book lies on my table next to my
machine all the time
-- OPEN
that is ! ! ! Just had not considered this since he
called
it alternate.
- - - - - - - - - - - - - - - - - - - - - - - - - - - -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
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:
<A title=davidjennings@xxxxxxxxxxxxx
href="mailto:davidjennings@xxxxxxxxxxxxx";>David Jennings
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Thursday, April 18, 2002 7:04
AM
Subject: Re: [RT] Fw: FIBO
Display--correction
Don't know if you possess Miner -
Dynamic Trading but section on Alternate Price Projections covers it page
4-20 et seq.
<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:
Clyde Lee
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Thursday, April 18, 2002 12:48
PM
Subject: Re: [RT] Fw: FIBO
Display--correction
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 each<FONT face=arial
size=2>trendline rather than from the common ending of each
trendlineas it should have
been. <FONT face=arial
size=2>Clyde - - - - - - - -
- - - - - - - - - - - - - - - - - - - -Clyde Lee
Chairman/CEO (Home
of SwingMachine)SYTECH
Corporation email:
clydelee@xxxxxxxxxxxx
7910 Westglen, Suite 105
Office: (713) 783-9540Houston, TX
77063
Fax: (713) 783-1092Details
at:
<A
href="http://www.theswingmachine.com";>www.theswingmachine.com- -
- - - - - - - - - - - - - - - - - - - - - - - - -
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