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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Chip McVickar who wrote (38426)	11/10/1999 3:10:00 AM
From: Darrin Vernier	Read Replies (1) of 44573

>>A 50% move is not a fib number<< Arithmetic, Harmonic, Geometric, same difference. Look at it as 8ths. 1/8 2/8 3/8 4/8 5/8 6/8 7/8 8/8 .125 .25 .375 .5 .625 .75 .875 1. That's the arithmetic series. The 'fibs' are simply the geometric equivalents. So are the 'fibs' so important, or just a 'fib'? Gphx --------------------------------------- Books for Gann Traders geocities.com

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