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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Gersh Avery who wrote (59600)8/30/2002 1:41:00 AM
From: mishedlo  Respond to of 94695
 
I liked your fork diagram until I saw that there are dozens of posibilities. But like EWAVE is this something that everyone has a different count, a different 3 of 5 vs 1 of 3 prime vs a ab c of 4 that makes it all so damn subjective as to be useless? I believe EWAVE to be useless (sort of). I do belive in turns and I do belive in counts and I do believe that there are often steps up and steps down but I am not sure they can be predicted with any reasonable degree of success (will this move in 3 vs 5 waves, is the turn a high or a low, is the turn date +- 1 day or 2 days, is it based on the moon or not), blah blah balh.

As for pitchforks I do not use anything but conceptually I like your chart. If there are dozens of pitchforks there that do not match yours (as posted in the alternate link), how the H can anyone figure out what to do with it?

With your simple fork. Tell me how to play the S&P and what the implications of the fork are. Then do the same (if you can with the half dozen or more of forks shown on the other site).

Thanks

M



To: Gersh Avery who wrote (59600)8/30/2002 7:14:38 AM
From: William H Huebl  Respond to of 94695
 
BTW, chance for good move up exists, at least temporarily...



To: Gersh Avery who wrote (59600)8/31/2002 2:25:24 PM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
Here is the chart I was telling you about... the Total Return ratio chart:

geocities.com