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Strategies & Market Trends : Galapagos Islands
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To: Lazarus_Long who wrote (43489)7/6/2003 3:07:45 PM
From: Jorj X Mckie  Read Replies (2) of 57110
 
well, I am not the best person to argue the point. I have stated my position on it, but the_phoenix is much better versed on the topic than I. And as pointed out earlier, there is good reason to be skeptical about using a single fib as a target, but there may be more justification for using a convergence of fibs. Again, the argument will get pretty boring with me on the other end because I use fibs as a secondary or tertiary datapoint and don't claim to be an expert.
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