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fake he retired at some point, he was dedicated in
his final years to research, after he retired form education
Atte Pablo Paolucci
www.terminusa.com
----- Original Message -----
Sent: Wednesday, December 29, 2004 4:59
AM
Subject: Re: [EquisMetaStock Group]
Elliott Waves
Don't know whether its true but someone told me Elliot who wrote the
Elliot wave theory actually died bankrupt............ that explains a fair
amt....
Here's
an old Connie Brown article from TASC. Nothing in here says E
Waves
work. Program E Waves into a systems tester and see what you
get. You
can't do it because there's no agreement on what an E Wave
signal is.
http://www.aeroinvest.com/interviewSC.pdf
It
sounds like Constance is a chart reader, who uses Gann and Elliot
to
give her confidence in her chart reading.
I'm not asking for the name
of someone who uses E Waves or Gann or
Murrey Math. I'm asking for a
professional systems developer who has
tested them in unbiased computer
simulation tests.
Van Tharp and LeBeau have both done extensive
tests on random entries
where a coin was filpped for picking which
stocks to buy. Each used
some sound money management techniques and exit
strategies. In all of
their tests they had a profitable trading record.
The point is entry selection is not the problem. Almost anything
works. At least with Van Tharp and LeBeau you could test it. You
can't test E waves.
How do you explain people who use astrology
for trading. Have you read
Introduction to Astrological Technical Trading
by Myles Wilson
Walker
Contents
Planet glyphs,
Wheel explaination Terms
Fixed (Automatic) Astro Cycles and examples
-Stock Indexes, Grains and Bonds
How to Find Fixed cycles for any
Stock or Commodity
Planetary Ingress, Retrograde - Direct planets as a
Cycle timer
Jupiter Ingress and Soybeans, Repeating Aspects
How to
Find the Dynamic astro Cycle for any Stock or Commodity
Natal Astrology,
Bradley Indicator, Time by Degrees
This sounds like Gann and Elliot
all over again.
I've posted the reference several times to a site
that's based on
Asian astrology.
Use Four Pillars astrology and
I Ching to time your investment
decisions.
http://www.fourpillars.net/finance/index.html
If
you track this guy, you'll quickly learn he's right a lot of the
time.
It's all in the year of the moon dog!
Gann and Elliot would have
been all over the I Ching. Count on it.
Too bad they didn't get that
incorporated into their trading sooner.
Those charts would have been
much easier to read.
If have doubts about what I'm saying read:
Fooled by Randomness. That
should put some perspective into it.
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