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Earl,
There has been a significant number of statements
that you cannot
count of a single Fib projection to carry much
weight but that if you
have multiple projections then this "confluence"
might add strength
to the use of FIBs.
My displays are simply designed to show a couple of
methods of
making multiple projections from multiple legs of
swings.
I am not trying to show anything but whatever shows
up in these
pictures -- is there confluence and does it really
reflect the
anticipated market behavior.
This was a new approach and quite different from my
standard
FIB price and time indicator which uses all single
legs (in a given
direction) and projects CLUSTERS of time and price
points.
The attached .gif show same data using this later
approach. The
histogram along the bottom shows where time
projections were
anticipated and the height of a bar show how many
common
occurrences there were. On the far right the
histogram running
along the vertical axis is a similar approach but
for prices. In
this case projected prices were rounded to two
points before
accumulating a count.
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
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:
Earl Adamy
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Thursday, April 18, 2002 11:43
AM
Subject: Re: [RT] Fw: FIBO
Display--correction
Clyde, a bit hard to figure out what you are showing us
with these shots,particularly with fib numbers so dense. Perhaps you might
summarize what yousee in these fibo displays? Would give us a starting
point from which we cando our own evaluation.Earl-----
Original Message -----From: "Clyde Lee" <<A
href="mailto:clydelee@xxxxxxxxxx";>clydelee@xxxxxxxxxx>To: <<A
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx>Sent:
Thursday, April 18, 2002 8:40 AMSubject: Re: [RT] Fw: FIBO
Display--correctionThe attached picture shows the use of the
"alternate" method of Minersto calculate FIB points based on same data as
original study.The RED bars are the alternate legs used in the
computation.Clyde- - - - - - - - - - - - - - - - - - - -
- - - - - - - -Clyde Lee
Chairman/CEO (Home of
SwingMachine)SYTECH
Corporation email:
clydelee@xxxxxxxxxxxx7910 Westglen, Suite
105 Office: (713)
783-9540Houston, TX
77063
Fax: (713) 783-1092Details
at:
www.theswingmachine.com- - - - - - - - - - - - - - - - - - - - - - -
- - - - - ----- Original Message ----- From: David
Jennings To: 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 AlternatePrice Projections covers it page
4-20 et seq. ----- Original Message
----- From: Clyde Lee To:
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! ClydeTo
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