Why does the Fibocci Series work in the Stock Market?

Discussion in 'Stock Market' started by william the wie, Jan 18, 2018.

  1. william the wie
    Offline

    william the wie Gold Member

    Joined:
    Nov 18, 2009
    Messages:
    13,666
    Thanks Received:
    1,705
    Trophy Points:
    280
    Ratings:
    +6,447
    Please note I am not asking if it works, back testing shows that two or three value screens indicating undervaluation and using the 2nd and sometimes the 3rd & 5th most undervalued issues produces greater returns than further diversification so why does it work?
     

Share This Page