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Posted 10 December 2002 - 09:53 PM
There was some talk about Fib Dates today. So thought I would put up this chart. I do not know how valuable fib date are. There could be a wide variation in the results depending upon which dates are plugged in. Sure I look at them and project price chart trendlines. Sometime they are close & sometimes they miss. Again just another tool...
You may have noticed Dec.14 & 15th are on a weekend. The author felt that we live in a full month cycle. Besides something could happen over a weekend.
Seems like fib dates could take some practice as well as confirmation by other indicators and charts.
Doesn't hurt to throw fib dates in with fiber nachos.
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