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Strategies & Market Trends : NetCurrents NTCS

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To: Teresa Lo who wrote (115)10/2/2000 12:18:20 PM
From: powershred  Read Replies (1) of 8925
 
Hi I.S....
Unscientifically <g>....
- Using FIB ratio from 3/24, .382 would be 6/8, .618 would be 7/25,..1 would be 10/9
- pivots at 3/24, 5/31 and 8/25 are roughly 3 months apart...
- using 4/14 as pivot, fib arcs meet the channel plus fib time extension at roughly 10/12...
- earnings cc on 10/24
- dates are not absolutes...
- days dont call for top or bottom...

Any truth to this?..dont know...it took me half out of NT at 7/20nish as fib time meet fib arc then nt went ahead to make a double top at 8/28 (never going beyond the arc) but didnt sell....the rest is ummm....down from there!

Still learning....hopefully i only get to keep the tools that make the difference..right now Im kinda curious on time and price relationship hence, your thread..

warmest regards....curious to what your thoughts would be (aside from shaking your head! LOL).
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