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Strategies & Market Trends : Paint The Table

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To: Jorj X Mckie who wrote (21585)3/22/2002 12:15:04 PM
From: John Pitera  Read Replies (1) of 23786
 
You've hit the nail on the head.

things is that it looks like I can't look at it in a vacuum anymore than I can other indicators.

One of the hardest things for traders to do is to learn new tools and approaches, and then overly rely on their new tool or signal and forget about having a balanced approach where all of the tools, indicators, TA and FA are used collectively to get a "balance of evidence" or "weight of the evidence"

Just about everyone who learns Elliott wave, gets to a point early on where they come up with a wave structure and then stay fixed on one particular outlook, and they lose their flexibility to adapt to market developments.

BTW, Brookliese sent me a very nice PM today, she was very cordial and friendly in her note.

John
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