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Strategies & Market Trends : TA- Advanced GET

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To: John K who wrote (921)	3/23/1998 2:45:00 AM
From: Bruce A. Bowman	Read Replies (1) of 1551

Hi John- No, I think Gary's view is about right in the context of a rigorous description of Elliott Wave theory. The fact is that Tom Joseph has found a correlation between EW patterns and MACD(5,35) and he has exploited that relationship. He's also bagged several additional indicators (many of which he's tweaked a little) and assembled all this in Advanced GET. Whether you refer to the presentation of price as Elliott Waves or Joseph Waves is of no consequence. The original concept is Elliott's and Tom Joseph has used it as the basis of a trading system. I heard somewhere that GET uses the 60% of EW that makes 80% of the money. I can't substantiate that, but it typifies the ideology that TTI uses in packaging GET as a trading tool box. They want to accumulate tools that offer traders an advantage. From my viewpoint, the EW numbering in GET offers a very different view of price. Bruce

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