xjo chart - fib help?, page-6

That is not true.

The total on the AU market from top to bottom in 1987 was 1163.2 with the peak at 2312.4

If this fall was according to fib it would have had to have started at 430…. And thus all the way back in August of 1979.

If 2001 was 1.618 times the 1987 fall it would have had to start at 1543.14…. no mans land as there is no tops or bottoms in that range.

Fibonacci works now and then only when it ties in with other things. Looking over even monthly data let alone hundreds of years and data there is no continues connection for all the points beyond the first few that continue to coincide in a logical structured order.

Been down the path well and truly.