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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Little Joe who wrote (21367)	11/6/2002 8:05:02 AM
From: loantech	Respond to of 36161

LJ, Maybe the original EWT guy was one sharp old bird as was GANN. But can anyone else work the magic? I don't subscribe to Prechter but I bought his recent book and a lot he says makes sense in a general or fundamental way. Me, I just look at the ocean of debt and people's credit practices and shake my head. I work in the home loan industry and have seen it all the last 17 years especially the collapse in credit quality and underwriting parameters. I could see a credit bubble bursting without Puplava or Prechter coaching. In regards to my post yesterday I guess a good TA person can use charts and channels quite well to trade until a move falls out of the picture. Well heck let's hope for a huge rally this next 12 months that raises all boats. Tom