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To: Shack who wrote (7152)7/13/2001 6:47:44 PM
From: CharlieChina  Read Replies (1) | Respond to of 209892
 
Very good words you posted....

The trick is to support a complete objective view and to control ones emotions and see the stars as they lay and why they have been layed in that manner.

" Why they have been layed " ... remeber that ...

In closing, think like a thief,... and then you will steal from the TA, EWavers and Retail who analyse in 2 dimensions.

P.S. I do follow your posts... and follow you thinking patterns ...



To: Shack who wrote (7152)7/13/2001 7:07:52 PM
From: advinfo  Read Replies (1) | Respond to of 209892
 
The next dip is going to be bought by bulls and bears alike and I want no part of that

Shack,

No part as a long...short...or are you going to stay flat?



To: Shack who wrote (7152)7/13/2001 7:28:28 PM
From: skinowski  Read Replies (2) | Respond to of 209892
 
In addition to your response to NG, I would like to offer the following argument:

E-Waves, as traced by the market averages, reflect the ebbs and tides in the public mood.

“Manipulators” themselves are part of the herd, and are subjects to the swings in the public mood… Something in the ‘collective unconscious’ motivates them to act the way they do. If their manipulation is successful, it means that the emotion of the larger “herd” was inclined to begin with as to allow it to be successful; again, they are just reflecting the public mood.

The progression of the changes in the public mood occurs in Elliottian fractals. The way the fractals follow each other is in part subject to strict (deterministic?) rules, but is also characterized by freedom (alternation), sufficient to allow more than one possible count at all times.

The fractals, of course, can be identified in many different time frames, from minutes to centuries. Once in a while the ‘counts’, or their combinations, offer a high probability entry point for a trade. Since the Waves reflect emotions, it is not surprising that sentiment indicators seem to work well in conjunction with them.