Bonds, Currencies, Commodities and Index Futures 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 : Bonds, Currencies, Commodities and Index Futures

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Patrick Slevin who wrote (11457)	5/23/2006 9:37:13 AM
From: bearshark	Read Replies (2) of 12410

I don't think Gould ever wrote a book. All I have are 3 pamphlets from his work. I threw my "Findings and Forecasts" away over the years. Now that Jerry Favors is dead, there is one less person that uses Gould. jerryfavors.com You can see his mention of it on his site. Much of Gould's work was stretched in the 1990s to the point that it is not useful now. However, the basics still work. Although Gould studied the markets and people over the decades, I'm sure he was drawn back to the common phrase: "Three steps forward, two steps back." How many times have we heard that phrase? Its possible that most people have said it once. Add 3 and 2 and we get 5. Dow Theory cannot escape the truth of that phrase. Elliot Wave cannot either. Even Fibonnaci validated 2, 3, and 5. Simplicity is good.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next