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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Cube who wrote (36767)	9/2/2000 6:18:15 PM
From: Doug R	Read Replies (1) \| Respond to of 79378

Cube, "I see. The $3,000 Advanced GET trading platform based on the Elliott wave theory is really based on the teachings of Doug R. I did not know that. I'll bet Tom Joseph (the creator of Advanced GET) would be surprised to hear that too. " I did not say that. Twisting what others say is not an acceptable tactic...it's too pink. ". I don't believe in the concept of support because like all technical indicators, they are only right 50% of the time. " That seems to be a contradiction re: "This uptrend is still intact and indeed healthy if we close no lower than 39 tomorrow. That closing price floor of 39 is dynamic and will go up slightly every day after tomorrow." Support as a dynamic is a tool for managing a trade...it doesn't matter if supports fail or hold as long as one is able to recognize which support to use as a matter of risk management. If you use something different than what you used when you posted the above on the Knight/Trimark thread then I suppose that's another matter. Doug R