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Strategies & Market Trends : Charts for Bottom Breakout -- Ignore unavailable to you. Want to Upgrade?

To: Galirayo who wrote (1500)	3/1/1998 12:55:00 PM
From: Ed Huang	Read Replies (1) \| Respond to of 3105

Bev and Ray, You gave some interesting and helpful discussion on software and stock picks here. I 'll take some time to digest the info. Speaking of Elliott, I like his principle in observing the market best. He stated: " All human activities have three distinctive features, pattern, time and ratio, all of which observe the Fibonacci summation series." This has been the major principle for my TA. At the same time, I see many people(including myself) do not believe that the 5 wave up 3 wave down Elliott theory can be generalized in the stock market since only small % of stock charts move in that fashion. Let's see how the wave count rule goes in the future. Good hunting. Ed