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Strategies & Market Trends : Tech Stock Options

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To: The Perfect Hedge who wrote (35746)2/28/1998 7:37:00 PM
From: Patrick Slevin  Read Replies (1) of 58727
 
Actually I do. But they aren't the only guys who subscribe to this. Welles Wilder believes in it too. Wilder just does not make it public.

I was a sub-junior subscriber to one of Wilder's theories around 1983.

He since wrote a book on it....the book is not easily available. But one of his "pet" theories is that markets move with respect to a lunar cycle.

It's quite possible that Wilder, respected as he is for his work in the markets, does not want to be remembered as the guy who traded off a FM. Similar to what Christopher said about Gann; people avoid that association because it's too weird.

My personal view is that it is no nuttier than trading off charts but what the hey. I don't care if anyone thinks it's nuts or not. I'm not in the Public Relations business here.
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