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To: Nadine Carroll who wrote (101410)	5/10/2001 8:32:08 PM
From: yard_man	Respond to of 436258

I'm not making fun of folks that use anything to be successful trading -- I just think there might be better frameworks for making educated guesses than Elliot wave analysis. Only thing that has kept me from pursuing other ideas is my own laziness ... I think when one can trade with a good system and have fundamentals on your side ... it's cool. If I were wealthy enough to not have to work at a regular job ... Who knows -- I may jsut get over being lazy anyway ...

To: Nadine Carroll who wrote (101410)	5/11/2001 6:30:41 AM
From: Earlie	Read Replies (1) \| Respond to of 436258

Nadine: I prefer the "goat entrails" comparison.... (closer genetically to sheep). (g) To be serious for a moment, I actually am delighted that so large a percentage of the market's participants are chartists (When most are following a particular strategy or approach, it is usually the wrong thing to be doing). (g) Additionally, while I think charts are little more than an extension of "trend following" (and "trends continue until they don't"), I still pay attention to them, as the huge number of folks who believe in them can drive stocks rather wickedly for periods of time. Best, Earlie