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I know of the Spiral Calendar method in the sense that I have read his book
and seen his newsletter. For anyone who wants to have a better
understanding of Fibonacci time relationships that are inherent in the
markets and see ample evidence that there's validity to it, read his book.
On the other hand, I think Carolan ties his own hands when it finds it
necessary to link his approach to lunar cycles. He build a good case for
there being a correlation, but I believe it is the weak link the chain.
Requiring this relationship has, I think, contributed to the overall poor
performance of his newsletter since it's advent a couple years ago. I do
commend him, however, for a recent exception i.e. his foresight in
forecasting the Heng Seng crash in advance and speculating about its
effects on the worldwide markets.
Eddie Kwong
P.S. I admit that do not read his newsletter very actively because I don't
want anything to distract me from my own work, so if anybody has any
different opinion of his performance, speak up.
-----Original Message-----
From: f_pascal@xxxxxxxxxxxxxxxx [SMTP:f_pascal@xxxxxxxxxxxxxxxx]
Sent: Wednesday, November 12, 1997 6:05 PM
To: RealTraders Discussion Group
Subject: CAROLAN
Know you the method of CAROLAN and that think some you?
frederic
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