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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (15793)2/28/2002 9:55:24 AM
From: AC Flyer  Read Replies (1) | Respond to of 74559
 
David:

The scientific method requires that results are repeatable and that outcomes can be predicted. It is my opinion that wave analysis passes neither test.

It's possible that there are some exceptionally skilled practitioners who can get useful results from Elliott-ing, but even Prechter admits that the timing of predicted Elliott outcomes can be off by years. That's not too much use to a trader, imho, though maybe useful to a LTBH'er.



To: Moominoid who wrote (15793)2/28/2002 9:59:03 AM
From: Ilaine  Read Replies (2) | Respond to of 74559
 
I used to read the Big Kahuna thread. Those guys never agreed about the count for anything.-g-

One of them was usually right, every day, but it would switch back and forth. Feh. Flip a coin. JMO.

Speaking logically, if it worked, then it wouldn't work, because everyone would change their behavior.


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