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Fibonacci, why it works?

To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Fibonacci, why it works?
From: Neal Hughes <neal@xxxxxxxxxxx>
Date: Thu, 11 Dec 1997 22:22:30 -0800 (PST)


An open call for discussion...

So, does anyone here have an opinion on why Fibonacci ratios work? 
Or are you a total skeptic? 

I have my theory, and Fibs do work for me...

-Neal.
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