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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (164363)	3/12/2008 8:02:41 AM
From: skinowski	Read Replies (2) of 209892

EW Principle was derived from empiric observations - they came first. Actually, one could define the EWP in just one sentence: Humans as a group (or crowd) are manic-depressive, and their mood swings - which are fractal in nature (5 steps forward, 3 back) - are the primary movers of human history, economy and other events in all time frames (including, inter alia, the markets). g/ng

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