Post by Emperor AAdmin on Apr 13, 2009 11:54:44 GMT -5
I have been using lately something that seems almost miraculous and that is The Jigaro Fibonacci Market Timing (free software from www.jigarosoftware.com/ ). It is precise in determining the price ranges to a cent. It is a holy freaken grail for stocks.
It functions like this: Stocks move according to this Fibonacci (practically a devine formula that controls many patterns in nature) patterns;
-23.6% -38.2% -(50%) not really a fi number but also used by traders -61.8% MAJOR FIB NUMBER -78.6% -(100%) not really a fi number but also used by traders -123.6% -138.2% -(150%) not really a fi number but also used by traders -161.8% MAJOR FIB NUMBER -178.6% -(200%) not really a fi number but also used by traders
Each stock has individual personality so one has to determine what pattern ranges are more appropriate from past behavior.
Post by Emperor AAdmin on Apr 15, 2009 10:03:54 GMT -5
First study is DNDNs huge move on Tuesday
Fib helped me understand that yesterdays DNDN's move was supposed to be most likely end up in a range around 17.7 after looking at it (after the move from 7.19 (Monlow) to 24.25(Tuehigh) per share 17.7 per share is a 38% retraction from 24.25 on 17.06 move (24.25-7.19).
*According to Jingaro most probable near term target is 15.70 (50% Re) *Possible trend reversal is bellow 13.70 (61.8% Re). *Projected target being 24.25 (0%).
PS: From the looks of it and what I have seen the fib seems perfect especially when such huge up/down gaps happen as they seem very precise in % projections on retractions. ;D ;D ;D ;D
Less Balkanian Dogmatic Paranoia! More Ancient Hellenic Wisdom! (Zetaman/Zecanin)