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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: investsformoney who wrote (37921)12/29/2000 2:43:52 AM
From: Doug R  Read Replies (6) of 79429
 
I4$,

Well??? Your "study" is based on what exact specifics??? And how do those specifics actually lead to your conclusion?
Ya see, I teach classes on the "stuff" I discuss here. Hundreds (that's significantly more than 200) of "56ers", (the adopted handle of those who have attended my seminar) many of which are traders who were already legendary in their own right, can digest, comprehend, discuss, build upon and construct trading strategies from the language spoken here. They have an advantage when working with the information provided by this thread's contributors.
Our work is done strictly on the basis of supply/demand analysis as approached via methodology that actually ignores everything except supply/demand.
Cycles are a result of supply/demand and therefore secondary.
Convergences serve only as reference points after the fact.
Supply/demand dynamics leading into a convergence are based on prior convergences and reaction to future convergences stemming from prior convergences give better results.

Message 15076140

Which led to:

Message 15088364

Then there's:

Message 15037894

After nearly 38,000 posts here, believe me, there's ALOT of folks that understand what this thread is focused on. NOW...what the heck are you talking about...exactly?
When you come along and claim a "fib study", "time cycles" and "coinciding" calculations...what is the foundation, basis or reliability of such pontification?

Sorry if I seem to be asking you alot of questions but...what the heck...I answer them all the time. You just happen to have come along while I was in an inquisitive mood ;-)

Doug R
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