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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: David W. Taylor who wrote (83967)	9/26/2003 4:35:41 PM
From: HairBall	Respond to of 99985

Actually this guy is probably the best Elliot technician ever... Member 8433347 ...check out his web site and Timers Digest awards. Warning, he is quite a character...gg Regards, LG PS: Prechter has not done that well since 1987, IMO.

To: David W. Taylor who wrote (83967)	9/27/2003 4:38:07 AM
From: Psycho-Social	Read Replies (1) \| Respond to of 99985

You are describing the theory of Elliott Waves and a guy named Robert Prechter is the current modern day champion of this theory. No, I'm saying that increases or decreases in fear of terrorism tend to result in downward or upward pressure on stock prices, with the primary effect occurring 3-5 weeks after the peak or trough in my Fear Factor indicator. BTW, yes I've heard about Prechter, and read some of what he's written. Not interested in reading any more. He's entitled to his theories and opinions, but they're not very similar to mine.