StockFetcher Forums · General Discussion · fibonacci extension<< >>Post Follow-up
barbsbuoy
1 posts
msg #48774
Ignore barbsbuoy
12/25/2006 7:03:16 AM

would like some opinions with reguards to bottom picking at 0.786 .examples iag,mikr,pal.info on best settings.thanks,barbsbuoy


karennma
6,386 posts
msg #48800
Ignore karennma
12/28/2006 7:37:54 AM

That interesting.
Those 3 stocks (iag, mikr, pal) did bounce off 0.786.
I usually wait till .000.
I usually use parameters (65,15) for the fibs.


karennma
6,386 posts
msg #48801
Ignore karennma
12/28/2006 7:40:38 AM

I wonder why they picked 0.786, and not .000.
Many stocks that are tanking don't stop at 0.786, but continue to .000.



karennma
6,386 posts
msg #48802
Ignore karennma
12/28/2006 7:49:26 AM

Here are some that tanked to .000, then bounced.
trlg, oats,rsh,wern,wlsc,cbst,fbn,cbk,ggc,scss.
Those pics you posted DID bounce off 0.786, but they can always go lower.
They can also go lower from 0.000.
JMHO.
:>)



StockFetcher Forums · General Discussion · fibonacci extension<< >>Post Follow-up

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