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To: moorso who wrote (6492)10/26/2001 3:48:07 PM
From: ontrack7  Read Replies (1) | Respond to of 8150
 
forget trendline rite now....u got to look at real big picture....not just big picture......now to get to top of wave 5 .....(wave1)(3.236) and add that to top of wave 1...
(5000)(3.236)+5000=21180......btw 3.236 is 2x1.618



To: moorso who wrote (6492)10/26/2001 4:04:25 PM
From: ontrack7  Read Replies (1) | Respond to of 8150
 
moorso.....fib # sequence is 1,1,2,3,5,8,13,21,34,55,89,144
ect. to infinity....the sum of any two consecutive #'s = the
next higher #.....the ratio of any # to its next higher #
approaches .618 after first four numbers,as in 1/1is1,1/2is
.50,2/3is .67,3/5is.625,8/13is.615,13/21is .619 and so on...
....hence the importance of .618.........the number sequence
above is used for time targets or fibo days from important tops and bottoms


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