SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: exp who wrote (31288)2/15/2002 11:00:50 AM
From: Moominoid  Read Replies (1) | Respond to of 209892
 
> (1) has anyone done a statistical (scientific) analysis of e-wave >forecasts?

I don't know. There is a huge variety of quality in e-wavers I think. For years I thought it was rubbish but now once I learnt more myself I find it to be very useful.

Mandelbrot - inventor of fractals - proposes that stock markets are fractal with e-wave type patterns though he doesn't discuss e-wave. There has been a public debate between him and Prechter (mainly from prechter's side).

>(2) how do you use e-wave forecasts in your trading, do you position or swing trade equities or holders (market indices)?

So far on market direction it is giving me an overall road map fo where we are likely to go. It helps iteratively to integrate all the TA tools together and when they are vague assess what is likely.

But I am also using it on individual stocks like LOOK, KKD, pretty successfully and also looking at News Corp and Mayne Group in Aus. On latter it should improve my trading going forward I hope.

David