Alf Field's
http://www.godlikeproductions.com/forum1/message877985/pg1
Major ONE up from $256 to approximately $750 (a Fibonacci 3 times the
$255 low);
Major TWO down from $750 to $500 (a serious decline of 33%);
Major THREE up from $500 to $2,500 (a Fibonacci 5 times the $500 low);
Major FOUR down from $2,500 to $2,000 (another serious decline);
Major FIVE up from $2,000 to $6,000 (also a 3 fold increase, same as
ONE)
A case can be made for an 8 fold increase in Major FIVE, which would
continue the Fibonacci sequence 3, 5, 8. You can do the maths if you
like, but the fact is you can pick your own number for the gain in Major
FIVE. Three times the low of $2,000 was actually the conservative
expectation, producing a bull market peak target of $6,000.