Ross, I see you've sparked a lot of activity on this message board! Good work! Appreciate the nice plugs you and Al have given me concerning the newsletter. Now how much did I agree to pay you for those comments? :D
As for the concert grand piano analogy, here is what I wrote: "Having said all these positive things about GET, you can't expect to just shell out $3,000 and then make loads of money. Anyone can spend $30,000 to buy a concert grand piano, but not everyone can make music. It takes education, practice and talent. It's the same for GET. If one doesn't take the time to learn Elliott Wave and Fibonacci theory, one can't expect to understand how GET operates. I warn people that they need to expect to put in a lot of time and effort to get up to speed in learning to use a powerful tool like GET. You have to read a lot of books, watch a lot of videotapes of seminars, and practice with the program."
Al, I like your Rolls Royce analogy in describing GET. I've actually used that analogy when describing GET, but substituted Lexus instead of Rolls Royce. GET really is the Lexus of the TA software industry, IMHO. That's why most of the charts and discussion in my newsletter center around GET.
The sample edition of my newsletter on my website includes a discussion on the use of the Fibonacci Price Clusters. That edition is in HTML and looks nothing like the printed or e-mail versions; HTML is such a difficult medium. If anyone on this board would like to see the printed or e-mail version (I recommend the e-mail version as the charts are in color and you can zoom in on the text or charts), just e-mail me. The e-mail version is about 600 kb, but includes an embedded mini-viewer, so you don't need to download Adobe Acrobat or other such software.
I have submitted to Richard for the TAOTB booklet a special excerpt from a previous edition of the newsletter on the use of Optimized Time Clusters. So all participants in TAOTB should see that article and hopefully find it of value. I wish I could attend TAOTB, but have a family reunion scheduled on that weekend.
As for placing the Global Toolbax on the right side of the chart in one vertical column, that idea should be credited to Don Austin, the vice chair of my Elliott Wave Study Group. Once you get used to it, you'll find it to be a time saver as it eliminates one additional mouse click.
We've long argued in my EWSG about how many bars should be loaded. I finally did some research and published the results of that research in a recent edition of the newsletter, showing that with stocks, at least, 300 bars may introduce error in the EW count. Like Richard says, 600 bars is recommended. You don't gain much by loading more than 600 bars. With futures, of course, newly created contracts often don't have 300 bars, much less 600 bars, so you have to deal with what you've got.
Ross, thanks for referring to me as the "expert," but I may only know more just because I've used the program longer and have had time to learn (and am still learning) more lessons in the school of hard knocks! I have lots to learn, along with everyone else on this board. What we really need to do is to have Tom Joseph participating on this board, as he is the true expert on GET. We really owe a lot to Tom for coming up with so many original and useful indicators and tools. TTI doesn't have the 40,000 user base that Equis does, so each of us needs to do our part to support TTI, by purchasing the upgrades, buying the videos, attending the seminars and voting for TTI in the TASC polls. I also make it a point to exclude from my EWSG people who are using illegal copies of GET. Also, only registered GET users are entitled to a special discount on the newsletter subscription. Like Al, I also think very highly of all the people at TTI and think they more than deserve every dollar we send them for the software or other items.
Best Regards,
Rex S. Takasugi, President
Technical Disciplines
Investment Advisory & Management Services
(253)639-0436 Tel & 7806 Fax / RexTak@aol.com
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