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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8936
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
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DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 10, 2011 18:52
NYSE internals now strengthening as anticipated.
Qingyu
manchester, UK
Posts: 1763
13 years ago
Aug 10, 2011 18:52
hoho, old school bear lost grandpa...^^!
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 10, 2011 18:44
ok, you lost me :-)
Qingyu
manchester, UK
Posts: 1763
13 years ago
Aug 10, 2011 18:26
no, fibonacci work on integer target break through not only on previous high-low, but also with psychological feeling of human being on "integer" which in this case is "100".
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 10, 2011 18:21
161.8% would be at 1895
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 10, 2011 18:21
Gold has made 127.2% ext of that wave
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 10, 2011 18:19
161.8% extension of what ? the wave up from 1308 low to 1576 high projecvted from 1462 low ? that doesn't equate !
Qingyu
manchester, UK
Posts: 1763
13 years ago
Aug 10, 2011 18:13
well, 1800+100*(1-0.618)=1838.2

so, we saay 1830 for safe limit sell.

if you ask why 1-0.618, please find some guy work on statistics.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 10, 2011 18:12
I like to learn something new and not frightened of asking questions :-)
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 10, 2011 18:11
and chandra used intelliegent fib extensions for his crude targets so I expect intelligence from him for his gold target or is it just random ?
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