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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Saulamanca who wrote (72284)	3/15/2001 1:10:53 PM
From: TRINDY	Read Replies (1) \| Respond to of 99985

For the few on this thread who might not know, a Fibonacci sequence {1, 1, 2, 3, 5 ,8, 13, 21...), or next value equal sum of previous two values, stabilizes at a ratio of the previous value to the current at 61.80339%. For those who believe in the Fibonacci sort of thing, the close of the Compx on 3/12/2001 (1923.91) has a ratio of 61.8924% to the peak value of 5048.62 achieved almost precisely one year earlier (3/9/2000). Close, but no cigar!!!! LOL!