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Strategies & Market Trends : Winter in the Great White North

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To: E. Charters who wrote (3886)1/4/2003 3:06:27 AM
From: marcos  Read Replies (2) of 8273
 
Enigma over there brings up the chap at Bolton Tremblay who invented Elliot waves, somehow without mentioning the essential fact that the guy was a CCFer, and thusly concerned with the soft left edge of the chart, not the hard right edge ... much of movement goes in waves, and while direction and magnitude of future movement is always nebulous our species certainly values the undulation, that's why they called the wine Ripple ... i had a movement this morning - you know how the Shriners have those little cars and drive randomly down the street in parades scaring little kids and tooting those horns? - well it wasn't like that at all, it was more Jim Kweskin and his jug band singing Relax Your Mind .... just lucky i guess, of course this was before logging on the net and being confronted with Matters of Consequence* ... i predict that tomorrow i shall have another, as to whether it may correspond to Tschaikowsky or to Led Zeppelin i shall not at this time presume to guess

Waves though - if you've ever tried to land your kayak on an outside beach, where 'outside' means not sheltered from Pacific wind and swell by islands or reefs, you'll know that some swells are waaay bigger than others, and their frequency cannot be predicted ... the old thing about every seventh wave is wrong, the big one can be the ninth, or two of them can come together and then nothing major for fifty swells, or anything in between ... i've held a position an hundred metres off a scarey beach and waited and waited and waited for The Next Big One to come in so i could follow it and in this way improve the odds of camping dry, and then waited and waited, and nothing ... half an hour at least, finally had to admit that yup the whole ocean was calming down just so as not to give me stories to tell, and i slid in there like it was some cottage country lake and had the tent up in minutes, dry from the ankles up ... in what passes for timber there, well above and many metres back from high-water mark, there are whole trees with the roots on that have been thrown there by wave action ... which, presumably, just goes to show

* - ' "I know a planet where there is a certain red-faced gentleman. He has never smelled a flower. He has never looked at a star. He has never loved anyone. He has never done anything in his life but add up figures. And all day he says over and over, just like you: 'I am busy with matters of consequence!' And that makes him swell up with pride. But he is not a man - he is a mushroom!"
"A what?"
"A mushroom!"
The little prince was now white with rage.
'

- de Saint-Exupéry, Antoine - #Subject-52112
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