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Neal,
My phone number is at the bottom of every post I
make.
My office hours are Monday thru Thursday 7:30am CDT
to 3:30pm CDT.
I want you to examine the attached and see if this
"alternate" (as Miner
defines it) method is not exactly what you are
saying.
The red line defines the range of prices to be used
in the computation
and the blue line indicates the terminus from which
a projection is
made.
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: Thursday, April 18, 2002 7:25
PM
Subject: Re: [RT] Fw: FIBO
Display--correction
Hi Clyde,It might help if I explain by
phone?Send me your number is you are in the USA (private
email).I'll be traveling Fri through Monday, so can call you next
week.-Neal.At 02:54 PM 4/18/2002 -0500, you wrote:
<FONT face=arial
size=2>Earl, There has been a
significant number of statements that you cannot<FONT face=arial
size=2>count of a single Fib projection to carry much weight but that if
youhave multiple projections then this
"confluence" might add strengthto the use
of FIBs. My displays are simply
designed to show a couple of methods of<FONT face=arial
size=2>making multiple projections from multiple legs of
swings. I am not trying to show
anything but whatever shows up in these<FONT face=arial
size=2>pictures -- is there confluence and does it really reflect
theanticipated market
behavior. This was a new
approach and quite different from my standard<FONT face=arial
size=2>FIB price and time indicator which uses all single legs (in a
givendirection) and projects CLUSTERS of
time and price points. The
attached .gif show same data using this later approach.
Thehistogram along the bottom shows where
time projections wereanticipated and the
height of a bar show how many common<FONT face=arial
size=2>occurrences there were. On the far right the histogram
runningalong the vertical axis is a
similar approach but for prices. In<FONT face=arial
size=2>this case projected prices were rounded to two points
beforeaccumulating a
count. <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- -
- - - - - - - - - - - - - - - - - - - - - - - - - -
----- Original Message -----
From: Earl Adamy
To: <A
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 you
see in these fibo displays? Would give us a starting point from which
we can
do 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 AM
Subject: Re: [RT] Fw: FIBO Display--correction
The attached picture shows the use of the "alternate" method of Miners
to 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@xxxxxxxxxxxx
7910 Westglen, Suite 105
Office: (713) 783-9540
Houston, TX
77063
Fax: (713) 783-1092
Details
at:
<A href="http://www.theswingmachine.com/"
eudora="autourl">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 Alternate
Price 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!
Clyde
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