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Strategies & Market Trends : gem-x's incredibly accurate Elliott Wave forecasts.

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To: gem-x who started this subject11/23/2001 9:52:03 PM
From: gem-x  Read Replies (1) of 2290
 
Side note about Hocheberg:

The man said in a recent interview (I was reading a magazine at Border's..forgot the name of it) that the first time he read "Elliott Wave Principle" by Frost and Prechter, he had absolutely no clue what any of it meant, and after "the seventh or eigth" time things started "clicking".

And that's it "started clicking", which to me means "I kinda get it, got a few things out of it, but I'm gonna do my own thing now". Which he's done.

What I don't understand and confuses me about these dudes who appear in magazines is that they haven't even made the comparison between DOW 1929-1937 and NASDAQ 2000-2001, and their zigzags how incredibly similiar they are. Or even bothered to get into describing corrective waves, and in the magazine threw up his lazy 5 wave count down on the NASDAQ. And not once talked about describing the complexities of the huge variety of corrective waves.

In learning the Elliott Wave, the most important waves to learn are the corrective waves, but I think he kinda skipped those chapters....and a lot of people I see flashing their faces in magazines skipped them too..
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