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morteza471 132 posts msg #52718 - Ignore morteza471	6/30/2007 2:36:02 PM show stocks where the Fibonacci Down(65,10)is less than 0.01% below 0.240 and Fibonacci Down(65,10) is below 0.240 and Average Volume(90) is above 100000 and price is between 1 and 20 put all the hits in the Watch List and watch it for few days they will go up Backtesting shows 57%win and 43% lose
corsino 259 posts msg #52724 - Ignore corsino	6/30/2007 7:25:22 PM Is the second statement about Fibonacci Down needed? It seems redundant. Regardless, it does backtest about 52% for the last 4 months, which is respectable for these market conditions.