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None is able to produce valid results excepted using backtest data.
A false science that never verified if the premise were valid.
A false science based on Dow theory ( degree zero in maths) or
Elliott wave, the man who discovered "Natures' Law " ( no less !) 2
days before he died in a psychiatric hospital .
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Read TWO YEARS, not 2 days
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Not to speak about all of the chartist stuff that even works on
random data, Elliot Wave included. Have you tested this on random data
You should try this:
Buy ( I would rather say "steal") an Elliotician software.
Put some random daya OHLC style in it.
Launch the thing.
The dummy software will then explain by nifty elliottician wave counts
the behavior of your random data.
In any case, it works whatever the data you put in it.
An you speak about our lagging knowledge ?
While during more than 70 years most were unable to dismantle this
crappy stuff ?
Shhhhhhhhhhhhhhhhh.....
Rgds
Pierre Orphelin
www.sirtrade.com
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