Visit Mr. Elliott. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Visit Mr. Elliott.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: skinowski who wrote (241)	11/25/2005 2:05:34 PM
From: nspolar	Read Replies (1) of 656

I have had that opinion for a long time. My number one ability is observation, more than likely. I observed myself and many others too often 'lost'. I decided I was either doing something wrong as were all the others, or EW was not worth screwing with. So I did some studying and it was not Prechter and Frost, the deciples most of you follow. Wiggles are never noise. That is chit again imo. Everything builds from the wiggles, just like a brick wall depends on all the bricks. There are two utterly huge and silly errors committed by SI EW'ers, over and over again. a) A move in the direction of 'assumed' trend is an impulse with trend. That is just foolish. Visually you can often tell when they are not. A great many corrections move in the direction of primary trend, but not in a straight forward manner. b) Corrections are simple abc's, and X waves are rare. X waves are commom, very common. See my Drooy. You have to make the wiggles add up to an acceptable EW sequence, or you are in la la land. Fwiw my current investigation of the Nasty wiggles makes me think it is gonna explode upward, soon.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next