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Strategies & Market Trends : Technical Analysis - Beginners
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To: MechanicalMethod who wrote (11126)1/30/2001 11:04:20 PM
From: TechTrader42   of 12039
 
MethodicalMethod: Yes, that certainly looks good on graph paper. I decided to see whether it's looks as good with actual money (since that's what the science of TA is really all about). So I measured a dollar bill, which is about 6 1/8th of an inch long by 2 5/8ths of an inch wide. 6.125/2.625 = 2.3333333333333. Or 2.625/6.125 = 0.428571428571428571428571428571429.

I reached the disappointing conclusion that the ratio of the whirling squares doesn't seem to apply to money. But that was before I spotted the pyramind on the bil. In fact, I then realized, the Golden Mean does apply to money.

It just goes to show what can emerge from the methodical application of mathematical science to an issue. I shall henceforth use Fib numbers. I may also have detected a logarithmic spiral in George Washington's curls. This merits more study.
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