Harmonic Trading with The Phoenix Message Board

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Strategies & Market Trends : Harmonic Trading with The Phoenix

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To: the-phoenix who started this subject	7/4/2003 12:07:23 AM
From: the-phoenix	Read Replies (2) of 941

Fibonacci Ratios: Science or Snakeoil? Since there is no market tomorrow, I thought it was a good time for an educational article. I've recently been challenged to think more rigorously about the fibonacci numbers that we all take for granted in technical analysis, and this article may surprise you, as it did me, in what I found out. No login needed to read tonight's column. Just click where it says "more": dailyduediligence.com I had invaluable input in compiling this piece from Walt Houston, who is known to many people here on SI. Walt has been exploring this topic from a different perspective and has shared all his findings and analysis with me. Thanks, Walt. I hope you read it. I would very much invite you to bring our discussions out in the open here on this thread for others to participate in and benefit from.

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