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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: Rambi who wrote (12592)	3/21/2001 12:00:43 PM
From: velociraptor_	Respond to of 37746

You have to wait for the first wave to complete to get a decent measure, but in general, fibonacci relationships often do well to determine the length of the next 2 down waves. The proportion ratio in terms of a distance relationship for the next 2 waves suggest they are either equal in number of points, 0.618 times the length, 1.618 times the length (I think) or 2.618 times the length if it overextends. I usually just eyeball it and look for waves to unfold in complete sets.