nobby and rkjk challenge, page-12

rkjk.I see that you are another one of these Fib retracement level 'types'.You may well then be another looser.
Fibs have at least 2 inherrent problems. (1) Is to choose the correct starting point and (2) is judging correctly the CORRECT level to which the price retraces.
For example a 50% retracement from the 30 March 2007 to 4 April 2007 is 17.5 cents , its closing price yesterday.
Fibs are a fat lot of good , 'if used incorrectly', as one can pick what dates and figures one wants. Better systems IMHO.
Get real please .
I trust that you can now see that your forecast could be way out and as paper never refuses ink I thought I would make matters clearer to playmates in case they should be swayed by your post and fall into the hands of the accumulators and any end of day 'chart painters'.

B2