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


To: flatsville who wrote (61145)10/21/2000 9:41:31 AM
From: JeffT  Read Replies (1) | Respond to of 99985
 
Does this bubble chart really have application to the market now? There are so many factors that affect the market that I find it hard to believe that we can all just use a chart to see where the market is about to go in the future. If that was the case then we would all make the same decisions at exactly the same time. No one would ever be so foolish as to ignore what the chart says. Thoughts?

Jeff



To: flatsville who wrote (61145)10/21/2000 5:35:07 PM
From: Benkea  Read Replies (2) | Respond to of 99985
 
"Try this "overlay" of all the important market declines this century.

Disturbing, no?"

Not really. It only looked similar to about 1/2 the charts and the scale they used doesn't make it clear if the crumble has already occurred or not.



To: flatsville who wrote (61145)10/21/2000 11:46:15 PM
From: da_cheif™  Read Replies (2) | Respond to of 99985
 
ho ho ho ...from prechter? you gotta be kiding....can you just imagine wat r n elliot would say if he were alive today about somebody claiming to be an elliot wave expert and missing a 6 fold advance in the market in 13 years....fortunately you dont have to be licensed to do wat he did...if he were a brain surgeon with that kind of record he would have been sued a long time ago..for malfesance...he s changed his count so many times itsa a joke...watch the count he comes out with when the (recognition wave) hits him....roflmao