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Strategies & Market Trends : Why the markets will continue higher... -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (241)12/24/1997 12:07:00 PM
From: Cage Rattler  Read Replies (1) | Respond to of 745
 
GZ:

Let me re-state my question - it was a bit vague. In the Elliott scheme, let's agree that there are waves and subsets of waves. These waves, or sets, form a hierarchy ranging from the big Kahuna to the smallest subset ripple.

I would like to suggest the possibility that subsets of a wave may have less influence to Andrew's pitchfork interpretation than a pitchfork derived from the SET of which the latter is a subset. Or for that matter, previously completed sets of the same wave series. These are seductive concepts, at least to me, and one you may have considered previously. I want to be sure before tossing it overboard.

Seasons best - you are a big help.

Ciao, Ted