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25/01/09
16:22
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Hi jdpc35,
Good post. Much appreciated.
Your comment:
"At a minimum, the same length as the first wave (10c), but potentially much higher than that (ie 1.68 x wave 1 = 16.8c up which takes us to 23c)."
Your 23c matches close to the Fib Calculation below. Time and volume will tell...
Cheers,
Brantley
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Fibonacci Calculation
High: 12.50 Low: 2.40
23.6% 4.78
38.2% 6.26
50.0% 7.45
61.8% 8.64
78.6% 10.34
100.0% 12.50
161.8% 18.74
200.0% 22.60
261.8% 28.84
424.0% 45.22
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