Fibonacci Predictions on 15 Jan 2005

The Fibonacci theory is based on the combination of the Elliot Wave concept and the golden section. According to Elliot a complete cycle of a three-wave bull followed by a two-wave bear. Each wave is followed by a correction. The size of the first wave together with the golden section ratio determines the expected sequential waves.

For the individual components of the AEX the Fibonacci figures are as follows:

	Start	Top1	Cor2	Top3	Cor4	Top5	LowA	RecB	Low6
AEX	218,44	364,80	310,68	455,26
ABN	11,93	19,79	16,49	24,65
Aegon	6,10	12,98	8,24	17,23
Ahold	2,47	9,16	5,04	13,29
AKZO	16,53	33,63	25,32	44,20
ASML	5,19	11,90	5,67	17,50	10,29	22,76
Buhrmann	1,97	9,15	5,73	13,59
DSM	31,29	44,38	35,75	52,47
Fortis	9,26	19,25	16,90	25,42
Getronics	0,10	3,23	1,30	5,16
Hagemeyer	1,35	1,93	1,71
Heineken	23,14	28,29	23,64	31,47
IHC	34,15	49,25
ING	8,70	21,20	16,73	28,93
Shell	33,49	43,67	39,80
KPN	3,99	7,13	5,37	9,07
Moolen	4,48	5,72	5,25
Numico	4,88	27,71	19,03
Philips	12,65	26,20	17,89	34,57
Elsevier	8,13	12,19	9,91	14,70
TPG	12,29	19,34	16,22	20,15	18,66
Unilever	44,41	77,72
Versatel	0,26	2,33	1,29	2,40	1,98
VNU	18,89	29,30	20,43	35,73
WoltersKluwer	8,91	15,38	12,92

Note1: The last number on each row is the calculated next extreme.

Note2: This page will be updated only when changes occur.