so i dont believe in fibs

Discussion in 'Trading' started by empee, Jul 2, 2008.

  1. empee

    empee

    but I ran my fib tool on my charts and it said 1255 as a target (2.618 expansion). lets see what happens there.

    I know a lot of ppl play fibs here, so what r u targets for the "low".

    Thoughts?
     
  2. I believe in fibs to a point but I NEVER use them....just have not found a need yet for them.

    I will say though....there is a good mexican food restaurant in Austin that has great Fibinacho's :D
     
  3. They're the only thing I use (technical wise) and yea there's a reason to stop here. The NQ level at 1815 is even better than the ES support. That being said I'm flat and have absolutely no idea if indeed this stuff will find lasting support here.
     
  4. Hey Chris! Good seein' ya bro!
     
  5. MarkBrown

    MarkBrown

    i don't like fibs but i have a cray that says they do have merit. especially intraday.

    mb
     
  6. PaulRon

    PaulRon

    1259 low
     
  7. Hello sir.....so how is the summer by the beach?

    May just be the time right after the holidays this winter to come discount condo shopping in the Boca area....what say you? :)