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To: Gary Burton who wrote (50255)5/11/2000
From: Death Sphincter  Read Replies (1) | Respond to of 99985
 
square root of .618



To: Gary Burton who wrote (50255)5/11/2000 12:38:00 AM
From: Stcgg  Read Replies (1) | Respond to of 99985
 
Gary - Fibs..

Fibonacci Retracements typically 38.2% 61.8% 78.6% depending on the strength of the run..

>><<



To: Gary Burton who wrote (50255)5/12/2000 2:24:00 AM
From: Death Sphincter  Respond to of 99985
 
Gary..I want to respond again to your question of .786.
At first I thought it was a 'challenge' type question because of my math background and Ewave following.
... I now realize that it is a SPEW number thrown out by Prechter and his lacky Hockberg. Prechter studied Elliott Theory under Frost. He did some good stuff and he introduced me to Ewave 20 years ago. Since then he has gone off on his "New nad Improved" version.....HE WILL ONE-UP THE MASTER!!!!!!!!!!!!!
horseshit!!! with computer models and etc. etc. he tries to quantify something that is qualitative....ie.
wave so-and-so must be 20% of wave A and not last more than 3x the time of wave B but no less than 1.6 x of my butt....yeah, right, bite me

Ewave is a mirror of sentiment and works on FORM not computer generated absolutes

.786 may be the square root of .618 but it has no place whatsoever in the Fibonacci sequence....what's it suppose to be, the product of 2 dismembered rabbits and one of their stillborn Kits?......total krap
if Bob's models were so damn accurate he would be making $$$$ hand over fist instead of collecting $700 in subscriptions.......he's looking for one more BIG call to elevate himself back to his ego stroking GURU status

and this from a stinking Ewave guy!!
Carl