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Strategies & Market Trends : Waiting for the big Kahuna

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To: ratan lal who wrote (16185)	4/13/1998 12:31:00 PM
From: Chip McVickar	Read Replies (2) of 94695

ratan lal and Richard Marzella For David Plonk to factor in all the viewers implied understandings would deminish the technical simplicity of his own perception. It is up to us to learn and understand the proccess. Personally I prefer the instight gained from watching these Elliot Waves unfold. It is far more valuable to us all that he takes the time to present His material. Viewing his interpretation of EW's is the basis for our willingness to accept his authority. Elliot Waves are methods of patern projections. David doesn't actually know what is going to happen,....but his work is narrowing the probabilities. If on the other hand he only droped the numbers....thats all you would have. Later when David stops dropping the numbers or misses a few trading points we would be wondering why all the fuss..? I think he is going exactly what he should be.....sharing his technical knowledge of Elliot Waves and other indicators. David is obviously very adept at using his tools, by sharing this richnes we gain an insight into a difficult method of market analysis. By not feeding trading numbers alone, we are not blindly market timing. This way we understand the process and can filter it into our own methods of trading. McDonalds fast food has never been particularly nourishing. Just an opinion Chip

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