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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: SE who wrote (4457)	9/22/1998 11:26:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 44573

I think I tried to explain Delta once on TSO; took the Lunacy Pipe and dropped the subject. It is not that easy to explain, and I was reluctant to start. I did try to ease into it but took a pass once I realized it would not fly in a discussion. It is based on Lunatic Theory anyway. Of course, my stance is that E-Wave, Head-and-Shoulders tops, all this stuff is as valid as Delta because it's all based on subjective reasoning. A wave that does not end when it should is an extension. A Head and Shoulders Top that breaks to the upside was really a basing foundation. And so on. So for me Delta is as good as anything else. But for short term trading I think you have the right idea. As long as you have something that works, well why not. BTW, I never get invited anywhere.....of course, I don't care.