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Strategies & Market Trends : Waiting for the big Kahuna

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To: Haim R. Branisteanu who wrote (16036)4/10/1998 3:26:00 PM
From: LastShadow  Read Replies (2) of 94695
 
Haim:

Elliot Wave analysis is just an extension of fibonacci retracements. It went out of favor when folks realized it only worked in specific markets, and because the EW patternists tended to discount events that didn't fit into their model. I don't see it coming back in fashion, as the basic mathematical premise is still flawed.

lastshadow
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