Bob Brinker: Market Savant & Radio Host Message Board

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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Lars who wrote (549)	5/22/1997 5:53:00 PM
From: Bill Murray	of 42834

Lars: I know nothing of Prechter or Elliott Wave theory. I read Barrons frequently. As to waves, I think so much in life is diagrammable in waves it should not be dismissed lightly. Doctors use EKGs. Engineers use oscilloscopes. Electromagnetic wavelengths are measured from thousands of miles to billionths of an inch. So stock prices are measured and the technicians who measure stock prices are excellent historians. As for forecasting, I have yet to see any consistency, inplying the problem is they can't tell the length of the forward wave. Over. Bill

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