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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: E. Charters who wrote (107624)	3/9/2008 3:22:19 PM
From: Canuck Dave	Read Replies (2) \| Respond to of 312307

I think you're both right. If it was infallible, everyone would do it, and then it wouldn't work anymore. On the other hand as you point out, when there's a strong move happening, it's really accurate picking tops and bottoms (and continuing moves). Kind of useless on most of my stuff right now. For an example, there's really nothing to note in EPM's chart. I also sold SVM after it went from $6 to $10 quickly a while ago, partly based on FA, but also on the selling climax. A month later, it was printing $20. TA is useful at times, but I think it's wrong to live and die by it. Just my opinion. But Elliot waves are too complicated for me. You can convince yourself of just about anything if you assume enough waves, LOL. CD