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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Vendit™ who wrote (6752)3/19/2005 10:08:16 PM
From: Walkingshadow  Read Replies (1) | Respond to of 8752
 
Yes, I agree... that's the only value I have ever found from Eliot Wave theory, namely that the retracements are potential reversal points.

I don't think we'll see the 100% retracement hit. I might be wrong about this, but I believe a 100% retracement only occurs when there is a major trend reversal, and I see no evidence at all that the major trend (uptrend) is threatened.

T



To: Vendit™ who wrote (6752)3/19/2005 11:09:01 PM
From: Vendit™  Respond to of 8752
 
Terry,

I intend to write The Market Wind newsletter tomorrow.

My intent is simply to enhance and enrich the content. Let me know as a critic if you see flaws in my interpretation of The Market Wind.

You have always kept me on track. Coming tomorrow mid-day.

Reid


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