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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?


To: TH who wrote (17772)12/5/2004 7:04:09 PM
From: nspolar  Read Replies (1) | Respond to of 60914
 
<I found NSP recent EW on POG very interesting. Looking backwards EW makes perfect sense to me. I just have trouble looking forward with it. NSP chart from this weekend was pretty clear. Hope he is right.>

I hope I am right too. If I am not then Prechter is right and gold is going way down.

A lot of people misunderstand EW. It is not some magical mathimatical formulae. The waves if charted correctly, which is easy at times, very difficult at others, are a result of the psychological behavior of humans.

Newton, probably the greatest mind of modern times, had trouble with market analysis as well. He said it was due to the unpredictable nature of homo sapiens.