XJO 0.74% 8,285.2 s&p/asx 200

moshpit monday - banging heads and fat fingers, page-25

  1. 17,289 Posts.
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    something for Woohoo......

    do you realize that you can derive your number sequence by simply muliplying the square root of every second fib number by 100 ??

    you originally did it by getting all Gann like and multiplying by 360 and I derived the same sequence by using Armstrongs 3141.....but here's the thing....the sq root of fib 13 x 100 = 3.606 x 100 = nearly 360......and......
    the sq root of fib 987 x 100 = 31.416 x 100 = 3141.....and because of the interconnected nature of fib numbers both our methods came out in the wash.

    that brings me to a whole other thought....both Gann and Armstrong have based their work on circles...Gann with his 360 degrees and Armstrong with Pi. I wonder if their work is not simply based on good ol' fibonacci.....Armstrong could be forgiven for believing he was dealing with Pi as sq root of 987 is oh so very close to Pi x 10...but not quite. We see fibonacci working all the time in the market so it would not surprise me to find out it's ALL fibonacci.

    Nonetheless.....this would suggest to me that all the numbers in your sequence are just as important as Armstrongs 3141....including Robbbbs 458.....perhaps that's why armstrong legs of 393 and 262 days don't often seem to amount to much in the market....perhaps we should be using your sequence instead....

    67, 108, 175, 283, 458, 741, 1200, 1941, 3141.......

    Oh and btw Nov SPX low = 741 (obviously in the sequence).....march low was 74 points lower at 667...

    3.82 x 74 = 283
    741 - 283 = 458 ....there it is again !!
 
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