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Re: Fibonacci, why it works.



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Neal....

It could be (as in my case)....the WHY has no interest for me.  WHY any
methodology works is just not important....in fact, it just confuses
me.....I only care about IF a method works for me......and IF it works...I
use it...IF it doesn't work I don't use it.....of course....I just try to
keep things simple.

Tom Stein
comfut@xxxxxxx
-----Original Message-----
From: Neal Hughes <neal@xxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Monday, December 15, 1997 11:52 AM
Subject: Fibonacci, why it works.


>
>A while ago I asked RealTraders why they think Fibonacci
>techniques work in trading the markets... The reason I
>asked is because I think no-one can really know at this time.
>
>I'm surprised at how few responses there were, my guess
>it that most traders do not believe they work... Or
>do not know anything about them..
>
>My trading improved drastically when I learned about
>Fibs, you can read about my recent trading record
>at the website below..
>
>This is why I think Fibonacci works for me:-
>http://www.halcyon.com/tcorner/stock/fib.html
>
>Also, my Fib mentor (DiNapoli) will be on-line for
>a forum this Wednesday night, go to
>http://www.halcyon.com/tcorner/stock/jdp.html
>for more details.
>
>-Neal.
>