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Strategies & Market Trends : Why the markets will continue higher...
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To: GROUND ZERO™ who wrote (261)12/30/1997 8:00:00 AM
From: Cage Rattler  Read Replies (1) of 745
 
GZ:

"If you count the number of days from that Nov. high to the day where the line is bisected, you are half way through that cycle."

This concept should apply to longer-term projections as well, no? Very interesting, but I wonder, why this is so? At first glance this concept seems applicable to Elliott's theory -- from wave inter-dependenct to temporal dependency, or perhaps an interviening variable such as resonace to augment or supress the waves.

Foggy concept, but verrrry interesting.

Thanks.

Ciao, Ted
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