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Carlos and Visavis,
NeoWave is not a software program, it is an improved method of
applying Elliott Wave Theory. Does it work? Is it better than the
Prechter book? Let me just say that I regard the work by Prechter and
every other Elliott book out there (as they all have the same content)
as primary school level. NeoWave by Glen Neely takes EWT to
university level. It is almost the sole reason my analysis of our
local All Ordinaries Index is more accurate than any other published
source.
Adrian Pitt
>Visavis wrote:
>>
>> How do you find NeoWave by Glenn Neely?
>
>
>I have not worked with that program.
>
>However, most Elliott Wave s/w out there is designed to count a sequence of
>waves up and a sequence of waves down. Just like you would visually.
>
>BUT Elliott is not that simple and waves of different degree are
>always cropping into different places at different times skewing the
>count and NO software can be devised to take that into account.
>
>Most charts of wave counts that I've seen in magazines, websites, ads, etc.
>are full of errors and eventually proven wrong by the markets.
>
>Carlos Lourenco
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