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Strategies & Market Trends : Waiting for the big Kahuna

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To: Berney who wrote (37361)2/9/1999 9:48:00 PM
From: Death Sphincter  Read Replies (2) of 94695
 
Berney....in my post
"382 and .628 are fibs.... .50 is not a fib, it is a market thingy
not that it matters, so kill me"
i had a typo..the .628 is .618

Murphy would not disagree with me or else he would be disagree with
Leonardo Fibonacci

Murphy is stating 'common' retracement percentages

Fibonacci sequences are related to the number before them added to the subject number itself

you can go back farther but starting at .056 the sequence then proceeds to .090, .146, .236, .382, .618

.50 is not a Fibonacci it is a market retracement thingy

barely wounded me

carl
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