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To: IceShark who wrote (5634)	7/25/2000 12:49:52 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 436258

lol...i am sufficiently convinced that there's a structure underlying the market...i don't believe it has predictive value as such, but once a count becomes clear after the market has fulfilled an 'if-then' condition in terms of alternate wave scenarios it is very helpful in determining likely targets... if an e-waver reads this he's going to demand my head (re. "no predictive value"). however, since there are as many different counts as practitioners of this art, i will continue to hold this view. many are btw. incredibly arrogant, akin to people believing to have discovered the philosopher's stone...one guy mailed me once that "there is only ONE correct count" (correct) and of course implying that HE was in possession of same... Greenspud just said 'if there's a crash, he won't admit to it'. creative solution, worthy of the new era. he stopped short of admitting the existence of the PPT...just mumbled something about 'government contingency plans'...