Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: TFF who wrote (4151)	11/22/2004 9:44:52 PM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 12411

Yes, it is always surprising to me how clear the turning points become after applying the spiral, but the reason the spiral works at all is because prices themselves move over the chart in perfect fib spiral formation... once prices break with formation, the market turns the other way... also, once the spiral wall goes vertical, prices have no choice but to stop moving higher or lower, whichever the case may be... To find the top of a rally, I use the spiral radiating in a counter clockwise pattern, and to find bottoms, I use the spiral radiating in a clockwise pattern... GZ