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To: Henry J Costanzo who wrote (205823)	3/2/2014 1:00:00 PM
From: Blue On Black	Respond to of 209892

Understand and will do some re-reading myself. <g>I commit other sins with fibs, too. Perhaps the largest being using them as a 'guesstimate' tool for a 5 wave move...theory being - incorrect or otherwise (more otherwise than not <g>)... 1 = x 3 = 1.618 5 = x 3.618x - allow 2 38% pull backs (.76 average for both - rule of alteration allows foe steep/flat alternates) You end up with 2.86 x wave 1 guesstimate. (No idea how many rules were broken and EW sins are committed in that logic). As stated, just a rough guesstimate tool...incorrect or otherwise. Which applied to your 677 wave 1 would target 2600...which seemed insane when I first applied it...but is getting to seem less crazy as time passes. Sorry if that is out of bounds or too far out...or merely incorrect and/or OT.