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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (38364)	10/22/1999 9:16:00 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 44573

GZ, >>A 50% move is not a fib number<< Well, where ever I look they include it in retrace figures along with the .382 and .618. But I believe your right 50% has no relationship to Fib numbers...Where would it fit in? Maybe Gann used it? <<smile>> Chip

To: GROUND ZERO™ who wrote (38364)	10/23/1999 11:21:00 AM
From: Matthew L. Jones	Respond to of 44573

GZ, you are technically correct. A lot of trading software throw in 50% (for good measure) in Fib retracement tools. Don't ask me why. Matt