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Non-Tech : Raptor's Den -- Ignore unavailable to you. Want to Upgrade?


To: catchingwave who wrote (9728)3/31/2003 7:38:40 AM
From: gsp6181  Read Replies (1) | Respond to of 10157
 
catchingwave, apologies for the delay in getting back with you, out-of-touch this weekend. I am not schooled in ewave's but follow a system that I developed for very short-term intraday moves. I can only refer you to Velo and Onischka for wave analysis. Onischka is looking for Dow down to 7900 then rally in April to 8700 or even 9000. He believes that NDX is still in wave C to 1300 within the next 2-5 months. My trading plan follows Mark Douglas' teaching, which in a nutshell is a trader can't know what is going to happen next, but can develop an edge and a system for trading around that edge, play it every time you get the signal, refine it over time, and beat the odds. For his philosophy read "Trading in the Zone" first and then his "Disciplined Trader" second. Let me know if you have any other questions - and of course, good luck. - George