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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ) -- Ignore unavailable to you. Want to Upgrade?

To: AlienTech who wrote (7825)	5/6/1998 1:39:00 PM
From: Margarita	Respond to of 23519

OFF TOPIC AlienTech: Your EW analysis could be correct. However anyone practicing EW Analysis should ALWAYS have an alternate count. One thing that we should know is that it is almost impossible to find Wave 1 in real time. The Elliott analysis can NEVER be confirmed until Wave 4 is complete. It is impossible to distinguish an A-B-C from a 1-2-3. Wave A's subdivide into 5's like Wave 1 Wave B's subdivide into 3,s like Wave 2 Wave C's subdivide into 5's like Wave 3 What appears to be a 1-2-3 could turn out to be an A-B-C. On the matter of ratio analysis: EW1 / EW3 can be a Golden ratio just like EWA /EWC The danger is that if it turns out to be an A-B-C: Wave C can be just 68.2% of Wave A unlike the usual 168.2% (or 266.8%) which could catch the trader off guard. I also use GET for analysis. Good luck to all shorts and longs. Joe (Margarita's husband)