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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (54918)6/22/2000 4:18:00 AM
From: Death Sphincter  Read Replies (1) | Respond to of 99985
 
Bobby...I have seen Hitt's charts before from Les's posts and I have gone to his sight. I 'believe' these are all mechanically produced through the software....the software does have the feature of allowing you to 'edit' the count to your liking, but I think this is the computer model and quite honestly I think it is bogus....in addition to the flaw that you point out(and that area IS A SERIOUS CAN OF WORMS for a count) I have notice numerous other totally bad reads...so bad I would be ashamed to post them....ie, 5 wavers with serious overlap and internal bogus waves that are terrible interpretations, totally bush....further there are no double ABC's...no diagonals and no "feel" no flow etc etc..just bam,bam,bam 1,2,3 bam bam bam ABC, fib here fib there, very mechanical and computer like...I don't buy it at all.....Hey just look at the very last count...1,2,3
with the top of 1 @1472 and its already declined into that area....gee, how about a little red flag that this might be something else?
bogus,bogus,bogus....funny thing is it will probably get to the right place with the WRONG count....JUST LIKE YOU(oooh-ahhh, here comes the lumber, I can here the sawmill crankin up now gggg)

Stinky