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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?


To: At_The_Ask who wrote (1282)4/3/2003 11:36:26 AM
From: the-phoenix  Read Replies (3) | Respond to of 41535
 
ATA: My point about Onischka's count wasn't that he was "cheating" or anything, but just that, if we could go all the way back to Tuesday's close from yesterday's highs (or higher) and still not know whether we were pointing up or down, then, for a wiggle trader, EW was not being very helpful.

And if Tuesday's jello could be counted as either the beginning of a bullish impulse or a continuing correction lower, then again, how can I use it in my trading? Take a guess and set a stop? But I can do that with a coin flip.

These are personal demons that I am venting out loud, here. Not expecting any answers from you guys. Please don't boot me from the thread for being frustrated.