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Gold/Mining/Energy : Gold Price Monitor
GDXJ 109.23+3.7%4:00 PM EST
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To: Little Joe who wrote (55693)7/5/2000 9:34:02 PM
From: Dale Schwartzenhauer  Read Replies (2) of 116779
 
Point well taken. But I think we can use EWT with other forms of technical analysis (e.g. trend channels, moving averages, stochastics, time studies, etc.) By themselves, none of these is perfect, but together they can provide some clue to future price behavior. I'd rather use T/A as a leading edge of where prices are going, reinforced by fundamentals, rather than the reverse.

Dale
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