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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Gary H who wrote (15942)	10/17/2002 7:15:24 PM
From: sea_urchin	Read Replies (2) \| Respond to of 81205

Gary >I know your not a big fan of the Elliott wave, The reason is that I compare the EWT to the Rorschach ink blot personality test. deltabravo.net >>>"The only thing the inkblots do reveal is the secret world of the examiner who interprets them. These doctors are probably saying more about themselves than about the subjects." (Anastasi, 1982). <<< As I see it, the interpretation of the waves depends on the mind of the market observer in the same way that the "reality" of the random blots depends on the mind of the person viewing those patterns. In other words, the analysis is purely subjective, like telling someone's fortune by reading the pattern of tea-leaves in their cup. For my money, I prefer the mythology of science! In fact, I might add that most Technical Analysis is probably just as subjective as reading tea leaves. >Maybe they will make a mistake and get it right If they're lucky they could have a 50% chance of being right --- just like tossing a coin!