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Hi Dave,
<p>Should you be asking me or them ? No one is perfect and we dont want
to judge others or give opinions.......... If you were following the posts
you would also see that I was baised towards 6400 levels which my mentor
discarded as rubbish and threw out.
<p>My mentor has no bias whatsoever in his analysis as he does not trade
(and has decided not to do so even though I asked him to reconsider,
he is determined not to and I have accepted that.)In my humble opinion
in good time you will appreciate my mentor.
<p>We have currently identified some rules that would complement the EW
theory. Visually the same has been confirmed on 100 's of charts. Before
the same is posted/published we shall be running a scan on some 20,000
stocks so that there is no contestation from the biggies or the professionals,
though we have no doubts whatsoever.
<br>
<p>Best regards,
<p>Keep in touch.
<p>Rajesh
<p>P.S: I find beating the Dow childs play and I "m a fool.
<p>Dave V wrote:
<blockquote TYPE=CITE>
<p><font face="Arial"><font color="#000000"><font size=-1>----------</font></font></font>
<br><font face="Arial"><font size=-1><font color="#000000">> From: Rajesh
<</font><u><font color="#0000FF">demon@xxxxxxxxxxxxxxxx</font></u><font color="#000000">></font></font></font>
<br><font face="Arial"><font size=-1><font color="#000000">> To: </font><u><font color="#0000FF">metastock@xxxxxxxxxxxxx</font></u></font></font>
<br><font face="Arial"><font color="#000000"><font size=-1>> Subject: Elliotscope:
Update 24th Nov</font></font></font>
<br><font face="Arial"><font color="#000000"><font size=-1>> Date: Tuesday,
November 24, 1998 2:01 AM</font></font></font>
<br><font face="Arial"><font color="#000000"><font size=-1>></font></font></font>
<p><font face="Arial"><font color="#000000"><font size=-1>> I hope that
by now you have lost some of the sceptism you had about</font></font></font>
<br><font face="Arial"><font color="#000000"><font size=-1>> the Wave Principle.
You have seen for yourself now that it is one</font></font></font>
<br><font face="Arial"><font color="#000000"><font size=-1>> of the most
powerful technical tools available - if applied correctly.</font></font></font>
<p><font face="Arial"><font color="#000000"><font size=-1>Rajesh</font></font></font>
<p><font face="Arial"><font color="#000000"><font size=-1>I have been receiving
"The Elliott Wave Theorist Short-Term Update (by Steven L. Hochberg) and
they have been warning their subscribers of a market crash since the DOW
was 7500 points. They have been warning that the market was going
to fall from 7500 up to yesterday. How is it that you can correctly
predict the market by using the Elliot Wave and another (supposedly professional)
service can be so far off.</font></font></font>
<p><font face="Arial"><font color="#000000"><font size=-1>It's a good thing
that I didn't follow their advise or I would have missed out on a 25% increase</font></font></font>
<br>
<br> </blockquote>
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</x-html>From ???@??? Thu Nov 26 01:26:57 1998
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Date: Wed, 25 Nov 1998 14:46:36 +0530
From: Rajesh <demon@xxxxxxxxxxxxxxxx>
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Before the bell :
25th Nov 1998
Extracts Mentorspeak
"The market gave a minor reaction yesterday. However, the upward
movement is far from over. For our analysis to make sense, IT IS
NECESSARY FOR THE MARKET TO CROSS THE MINIMUM LEVEL OF 9454.
If however, the market breaks yesterday's bottom of 9289, after the
reaction stops (which must be above the trendline drawn through
7878 and 8328) expect a minimum upward surge of 1070 points.
To sum up, if the market does not go below 9289 today, it will cross
the 9454 mark. If the market goes below 9289, at whichever point the
market turns up - it will make an upward movement of a minimum of
1070 points.
Regards,
"
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