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
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    william the wie Gold Member

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    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?
     

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